wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

A and B enter into a partnership for a year. A contributes Rs 1500 and B Rs 2000. After 4 months, they admit C who contributes Rs 2250. If B withdraws his contribution after 9 months, at the end of the year they share profit in the ratio:?

A
2:1:3
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
1:3:2
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
1:1:2
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
1:1:1
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
E
None of these
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is D 1:1:1
Obviously, C invests for 12 - 4 = 8 months.
Equivalent capitals are
Rs 1500×1;Rs 2000×912=Rs 1500,
Rs 2250×812=Rs 1500
Profit is to be shared in the ratio of 1500:1500:1500=1:1:1.

flag
Suggest Corrections
thumbs-up
4
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Retirement of a Partner - II
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon