Question

Niki, Nisha and Anu formed a partnership with investments of Rs 75,000, Rs 60,000 and Rs 40,000, respectively. After 3 years of operation, the partnership earned a net profit of Rs 26,250. What was Anu's share in the profit?

• A. Rs 6,000
• B. Rs 5,000
• C. Rs 8,000
• D. Rs 9,000
• E. None of the above

Answer 1

The correct option is A Rs 6,000

Ratio of the capitals
= 75000 : 60000: 40000 = 15 : 12 : 8
$\therefore$ Profit-sharing ratio = 15 : 12 : 8
Sum of the profit sharing ratio = 15 + 12 + 8 = 35
Total profit = Rs 26250
$\therefore$ Anu's share $=\frac{8}{35}\times 26250=Rs.6000$