DSSSB · Mathematics
A, B, and C are partners in a business. The partnership agreement states that profits and losses will be shared in the ratio 5 : 3 : 2. After a year of business, the partnership agreement is amended, and the new profit-sharing ratio is determined to be 2 : 2 : 1 for A, B, and C, respectively. At the end of the year, the total profit of the business is ₹18,00,000. A new partner, D, is admitted with an agreed share of one-fifth of the total profit. To ensure fairness, A, B, and C agree to re-adjust their respective shares based on the new ratio. After D is admitted, how much will C receive as their share of the total profit?
- ₹3,00,000
- ₹2,88,000
- ₹2,50,000
- ₹3,20,000
A, B, and C are partners in a business. The partnership agreement states that profits and losses will be shared in the ratio 5 : 3 : 2. After a year of business, the partnership agreement is amended, and the new profit-sharing ratio is determined to be 2 : 2 : 1 for A, B, and C, respectively. At the end of the year, the total profit of the business is ₹18,00,000. A new partner, D, is admitted with an agreed share of one-fifth of the total profit. To ensure fairness, A, B, and C agree to re-adjust their respective shares based on the new ratio. After D is admitted, how much will C receive as their share of the total profit?
- ₹3,00,000
- ₹2,88,000
- ₹2,50,000
- ₹3,20,000
Answer and detailed solution are available in the protected study screen.
Register or login to attempt