Partnership Practice Test 3

Question : 10 of 40

Marks: +1, -0

Darwin starts a business by investing Rs 25,000 and after 6 months, Albert joins as a partner. After a year, the profit is divided in the ratio of 4 : 5. What is Albert’s contribution in the capital?

Rs 60,000
Rs 58,000
Rs 55,000
Rs 62,500
Rs 61,000

Validate

Solution:

Let Albert’s capital be Rs x.
Then,

{25000×12}/{x×6}=4/5

x=62500

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