Q570
X, Y and Z are partner in a partnership firm who share profits and loses in 4 : 2 : 1. It is decided that Z's share of profit will not be less than Rs. 7,500. If profit for the year is Rs. 31,500 then how will be profit distributed between each partner?
A.
X Rs. 16,000, Y Rs. 8,000, Z Rs. 7,500
AnswerB.
X Rs. 14,000, Y Rs. 10,000, Z Rs. 7,500
C.
X Rs. 15,500, Y Rs. 8,500, Z Rs. 7,500
D.
X Rs. 18,000, Y Rs. 6,000, Z Rs. 7,500
Answer: Option A
Solution
Answer: Option A
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