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Robin chourasia

· started a discussion

· 1 Months ago

60% of total has to be divided among them and rest is treated at capital

Question:

Two partners invested Rs. 125,000 and Rs. 85,000 respectively in a business and agree that 40% of the profit should be divided equally between then and remaining profit is to be treated as interest on capital. If one partner gets Rs. 300 more than the other. The total profit made in the business is:

Options:
A) 3900.50
B) 3937.50
C) 3950.50
D) 3957.50
Solution:
Ans: (b) 

Knowledge Expert

· commented

· 1 Months ago

Dear student
We resolved it

Best wishes
Team TR

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