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Commerce · Q774

Accounting

Graduate and Post Graduate · Commerce · question 774

Q774

A, B and C enter into a partnership investing Rs. 35,000, Rs. 45,000 and Rs. 55,000 respectively. Find their respective shares in annual profit of Rs. 40,500.

A.
Rs. 10,500, Rs. 13,500, Rs. 19,500
B.
Rs. 10,500, Rs. 10,500, Rs. 21,500
C.
Rs. 10,500, Rs. 13,500, Rs. 17,500
D.
Rs. 10,500, Rs. 13,500, Rs. 16,500
Answer

Answer: Option D

Solution

Answer: Option D
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