Partnership Practice Test 4

Question : 22 of 26

Marks: +1, -0

Shubham and Sartaj started a business in partnership by investing Rs 35,000 and Rs 25,000 respectively. After six months, Sahil’s joined them with Rs 2,000. What will be Sahil’s share in the total profit of Rs 4,200 earned at the end of 2 years from the starting of the business?

Rs 700
Rs 750
Rs 550
Rs 600
Rs 800

Validate

Solution:

Ratio of investments = (3,500 × 12) : (2,500 × 24) : (2,000 × 18) = 7 : 5 : 2
∴ Sahil’s share = Rs

2/14× 4,200

= Rs 600

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