Q1624
A, B and C are partners. A's capital is Rs. 3,00,000 and B's capital is Rs. 1,00,000. C has not invested any amount as capital but alone manages the whole business. C wants Rs. 30,000 per annum as salary. The firm earned a profit of Rs. 1,50,000. How much will be each partner's share of profit?
A.
A - Rs. 60,000, B - Rs. 60,000, C - Nil
B.
A - Rs. 90,000, B - Rs. 30,000, C - Nil
C.
A - Rs. 40,000, B - Rs. 40,000, C - 40,000
D.
A - Rs. 50,000, B - Rs. 50,000, C - 50,000
AnswerAnswer: Option D
Solution
Answer: Option D
No explanation is given for this question Let's Discuss on Board