📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      ‘M’ started a business with an investment of Rs.

      2800. After 4 months ‘N’ joins the business with an investment of Rs. 2300. If the total profit earned by them together at the end of the year is Rs. 5460, then find the annual profit share of ‘N’?
      A Rs. 1600 Correct Answer Incorrect Answer
      B Rs. 1550 Correct Answer Incorrect Answer
      C Rs. 1932 Correct Answer Incorrect Answer
      D Rs. 1750 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Ratio of profit share of ‘M’ and ‘N’ = (2800 × 12):(2300 × 8) = 42:23 Profit share of ‘B’ = (23/65) × 5460 = Rs. 1932

      Practice Next
      More Partnership Questions

      Relevant for Exams:

      ask-question