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Commerce · Q900

Accounting

Graduate and Post Graduate · Commerce · question 900

Q900

A, B and C are partners in a firm without any agreement. They have contributed Rs. 7,50,000, Rs. 7,30,000 and Rs. 7,20,000 by way of capital in the firm. A was unable to work for six months in a year due to illness. At the end of the year, the firm earned a profit of Rs. 7,15,000. A's share in the profit will be

A.
Rs. 77,500
B.
Rs. 73,750
C.
Rs. 75,000
Answer
D.
Rs. 72,500

Answer: Option C

Solution

Answer: Option C
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