Question

A profit of ₹2,70,000 is to be shared between two partners A & B in the ratio of 2:7. Find the share of each partner.

• A. A's Share $=₹60,000$
  B's share $=₹2,10,000$
• B. A's Share $=₹70,000$
  B's share $=₹2,10,000$
• C. A's Share $=₹60,000$
  B's share $=₹2,00,000$
• D. A's Share $=₹60,000$
  B's share $=₹2,15,000$

Answer 1

The correct option is A

A's Share $=₹60,000$
B's share $=₹2,10,000$

Profit Amount = ₹2,70,000
A & B's share total $=2+7=9$

A's Share $=270000\times \frac{2}{9}=60,000$
B's share $=270000\times \frac{7}{9}=2,10,000$