Partnership Practice Test 3

Question : 36 of 40

Marks: +1, -0

Sargam started a garments business by investing Rs 65,000. After a year, Rita joined her with a capital of Rs 85,000. Find out Rita’s share of profit, if after 3 years they earned a profit of Rs 25,550.

Rs 12,000
Rs 11,900
Rs 11,500
Rs 10,000
Rs 25,550

Validate

Solution:

Ratio of their investments = (65,000 × 36) : (85,000 × 24) = 39 : 34
So, Rita’s share = Rs

(34/73×25,550)

= 11,900

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