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Profit is Rs 280000. A B C receive salaries Rs 40000 Rs 30000 Rs 20000 respectively. Remaining profit is shared in ratio four to two to three. What is Cs total claim?

Answer and explanation

Correct answer: About Rs 83333

Total salary is Rs 90000 and remaining profit is Rs 190000. Cs three ninth share is about Rs 63333 and with salary total is about Rs 83333.

Related tags

SalaryProfit RatioTotal ClaimProfit DistributionPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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