Two partners invest in the ratio 5:6 for 8 and 5 months. Of Rs 14000 profit, the first gets
ARs 8000
BRs 7000
CRs 9000
DRs 6000
Answer & Solution
Correct answer: A. Rs 8000
Products 40 and 30 reduce to 4:3, so the first gets 4/7 of 14000, which is 8000.
Keep practising Partnership Business
Browse all Partnership Business questions for SSC CGL, or explore more Quantitative Aptitude topics.
Related questions
The ratio 4:5 written in the form 1:x isWhich ratio equals 3:2?Reduce the profit ratio 40:60 to its simplest form.The Partnership Act 1932 allows a partnership agreement to beUnder Indian law, a partnership firm isA major disadvantage of a partnership firm in India isIndian courts treat which feature as the real test of a partnership firm?What is the minimum number of partners needed for a partnership firm in India?