A, B and C are partners in a business. A, being the working partner, receives 10 % of the total profit as remuneration. The remaining profit is then divided among A, B and C in the ratio 2 : 3 : 4. If A’s total share is ₹ 3 lakh, find the amount of profit received by B and C.

Question

UnlockIAS · Answer

This is a Paper-VII question worth 16 marks.

A, B and C are partners in a business. A, being the working partner, receives 10 % of the total profit as remuneration. The remaining profit is then divided among A, B and C in the ratio 2 : 3 : 4. If A’s total share is ₹ 3 lakh, find the amount of profit received by B and C.

Related Links

A, B and C are partners in a business. A, being the working partner, receives 10 % of the total profit as remuneration. The remaining profit is then divided among A, B and C in the ratio 2 : 3 : 4. If A’s total share is ₹ 3 lakh, find the amount of profit received by B and C.

Related Links