Question Paper from: SBI PO Mains 2017
3 partners– A, B, and C – invested in a business through different means – cash capital, land assets and equity certificates.Cash invested by the 3 were in the proportion 2:3:7 respectively; land assets were invested in the ratio 4:3:5 respectively; and equity certificates were invested in proportion 1:5:4 respectively.
If total cash invested was Rs. 42 lakhs, total land worth invested was Rs. 93 lakhs, total value of equity certificates was Rs. 65 lakhs, and all invested for the same time, then what will be profit share of ‘A’ if the total profit at
the end of 1st cycle is Rs. 1.5 crores?
1:
Rs. 45.65 lakhs
2:
Rs. 37.755 lakhs
3:
Rs. 33.375 lakhs
4:
Rs. 29.895 lakhs
5:
None of the above
Solution:
Chapter Name: Partnership
Difficulty Level: Moderate
This has been asked in Question Paper
SBI PO Mains 2017
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