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A and B share profits in the ratio 3:1. The profit remaining for distribution is Rs 80,000. What is B's share?

Answer and explanation

Correct answer: Rs 20000

Total parts = 3 + 1 = 4. B's share is 1 part, so B = (1/4) × Rs 80,000 = Rs 20,000. The other options are incorrect: Rs 40,000 would be half the amount, Rs 60,000 equals 3/4 and Rs 80,000 is the whole profit — none match B's 1/4 share. Exam tip: always add the ratio parts first, then multiply the total profit by the fraction corresponding to the partner's share.

Related tags

AccountancyPartnership AccountsProfit DistributionRatioNumericalPartnership Accounts Basic ConceptsClass 12 Mcq

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