Partnership Flashcards
1
Q
Sravani is a working partner and Kavitha is a sleeping partner are starting a business with an investment of Rs.7,000 and Rs.4,000. Sravani gets 11.11% of the profit for managing business and then finds the profit share of Sravani out of the total profit of 9900 at the end of the year?
1) 6500 2) 6400 3) 6600 4) 6300 5) 6700
A
5
First we need to give share from the total and then we need to split it in the given ratio.