Question
‘A’ and ‘B’ entered into a partnership by
investing Rs. 9000 and Rs. 5200, respectively. If ‘A’ invested his sum for only 4 months and the total annual profit earned by them together is Rs. 10250, then find the total profit earned by ‘B’.Solution
Ratio of profit share of ‘A’ and ‘B’ = (9000 × 4):(5200 × 12) = 15:26 Total profit earned by ‘B’ = (26/41) × 10250 = Rs. 6500
More Partnership Questions
What does retributive justice emphasize?
What ethical concern arises when a public servant uses their position for personal political gain?
What does the affective component of attitudes encompass?
What are emotions?
Why is effective inventory control crucial in stores management?
What do terminal values represent?
Which document details the qualifications, skills, and attributes required for a particular job?
Why should civil servants be concerned about their public image?
What do rights aim to safeguard?
Impartiality is characterized by:
