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A, B and C share profits in the ratio 1:4:5. The remaining profit is Rs 1,50,000. What is B's share?

Answer and explanation

Correct answer: Rs 60,000

Total parts = 1+4+5 = 10. B has 4 parts. So B's share = (4/10) × Rs 1,50,000 = Rs 60,000. Option C (Rs 75,000) is incorrect because that corresponds to 5/10 (C's share), not B's. Option D (Rs 90,000) is not a result of any correct fraction of the total. Exam tip: always sum the ratio parts first, then multiply the fraction for the required partner by the total amount.

Related tags

Partnership AccountsProfit DistributionRatiosAccountancyClass 12Partnership Accounts Basic ConceptsClass 12 Mcq

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