📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    Vikas and Rahul started a business with investments of

    Rs. 15,000 and Rs. 10,000, respectively. After 6 months, Ramesh joined them with an investment as twice of Rahul. If at the end of the year profit share of Vikas is Rs. 6,000, then find the annual profit share of Ramesh.
    A Rs.2200 Correct Answer Incorrect Answer
    B Rs.4500 Correct Answer Incorrect Answer
    C Rs.4000 Correct Answer Incorrect Answer
    D Rs.3221 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Ratio of annual profit shares of Vikas, Rahul, and Ramesh, respectively: = (15,000×12):(10,000×12):(2×10,000×6)=15:10:10=3:2:2 Required profit share of Ramesh:

    Practice Next
    More Partnership Questions

    Relevant for Exams:

    ask-question