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

Three partners share profit equally. If the total profit is ₹1,20,000, what is each partner’s share?

Answer and explanation

Correct answer: ₹40,000

The governing concept is equal distribution of partnership profit. Since there are three partners and the agreement says that they share equally, the total profit must be divided into three identical portions. Each partner’s share = ₹1,20,000 ÷ 3 = ₹40,000. Thus option A is correct. Option B would be the share of two equal partners combined, not one partner’s share. Option C results from an incorrect division by four, while option D gives the entire firm’s profit to each partner and therefore counts the profit three times. A useful check is to add the three individual shares: ₹40,000 + ₹40,000 + ₹40,000 = ₹1,20,000. This confirms that the full profit is distributed exactly once.

Related tags

Equal SharingProfit DistributionPartnership AccountingNumericalPartnership 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.