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Learn RAILWAY MCQs with answers [Page 15 of Department 108]

M

Mr. Dubey • 51.47K Points
Coach Math

141) A starts an industry with $ 20 lakhs. After 4 months he enters into a partnership with B who contributes $ 40 lakhs. C joins them after another 3 months with a capital of $ 60 lakhs. At the year end, the balance sheet shows a profit of $ 74000. Find the share of A in the profit.

(A) $ 32000
(B) $ 24000
(C) $ 18000
(D) $ 16000
Correct Answer - Option (B)

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M

Mr. Dubey • 51.47K Points
Coach Math

142) A and B are partners in a firm. A invests $ 15000 and B $ 25000. A is the working partner and gets 20% of the profit for his contribution in the management of the firm. B is the sleeping partner. If the profit is $ 475, find the share of B.

(A) $ 237.5
(B) $ 257.5
(C) $ 247.5
(D) $ 238.5
Correct Answer - Option (A)

No Explanation found. Add Explanation and get +2 points.

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