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A and B share profits in the ratio 4:3. If B received Rs 21,000, what was the total profit?

Answer and explanation

Correct answer: Rs 49000

Total parts = 4 + 3 = 7. B’s share = 3/7 of total. So total profit = 21000 ÷ (3/7) = 21000 × (7/3) = Rs 49,000. Option B (Rs 28,000) is a common error — it equals A’s share if someone computes 21000×(4/3), not the total. Option C and D are incorrect: C would arise from an incorrect parts-sum (e.g. using 10 parts), and D is just B’s received amount, not the total. Exam tip: Convert a partner’s share to a fraction of the sum of ratio numbers before computing total profit.

Related tags

Partnership AccountsProfit DistributionRatio ProblemsReverse CalculationPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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