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If A and B share profits equally and the total profit available to be shared is Rs. 36,000, what is A's share?

Answer and explanation

Correct answer: Eighteen thousand rupees

Equal sharing means the profit is divided into two equal parts. So each partner's share = total profit ÷ 2 = 36,000 ÷ 2 = 18,000 rupees. Option B (36,000) is incorrect because it represents the entire profit, not A's share; options C (12,000) and D (24,000) would correspond to 1/3 and 2/3 splits respectively, which are not equal shares. Exam tip: For equal partners, always divide the total profit by the number of partners (here 2).

Related tags

Partnership AccountsProfit DistributionEqual SharingNumericalPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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