Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

Subjects
0 reads0 ratings0 helpful

If A and B share profit in the ratio 3:1 and the divisible profit is Rs 32,000, what is A's share?

Answer and explanation

Correct answer: Rs 24,000

The governing concept is distribution of partnership profit in the agreed profit-sharing ratio. The ratio 3:1 contains 3 + 1 = 4 total parts. The value of one part is therefore Rs 32,000 ÷ 4 = Rs 8,000. Partner A is entitled to three parts, so A's share is 3 × Rs 8,000 = Rs 24,000. Partner B receives one part, or Rs 8,000, and the two amounts add to Rs 32,000, confirming the calculation. Rs 32,000 would incorrectly assign the entire profit to A; Rs 8,000 is B's share rather than A's; and Rs 16,000 would correspond to half the profit, not three-fourths of it. Hence option A is the only consistent answer.

Related tags

Partnership-ProfitProfit-Sharing-RatioRatio-CalculationProfit DistributionPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

Was this question useful?

No ratings yetWrite a review / Rate this question

Student Reviews

No published reviews yet.

Add Muft Shiksha to your Home Screen

In Safari, tap Share, then Add to Home Screen.