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A, B and C share profits in the ratio 2:3:5. After adjustments the remaining profit is Rs 120000. What is C's share?

Answer and explanation

Correct answer: Rs 60000

Total parts = 2+3+5 = 10. C has 5 parts, so C's share = (5/10) × Rs 120000 = Rs 60000. The closest distractor Rs 36000 is wrong because that equals (3/10) × Rs 120000 — B's share, not C's. Exam tip: always add the ratio parts first, then multiply the partner's fraction by the total profit to get the correct share.

Related tags

Three PartnersProfit ShareAdjustmentsPartnership AccountsRatioPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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