Math MCQ: A, B and C enter into a partnership. Their contributions are Rs. 30 lakhs, Rs. 20 lakhs, and Rs. 10 lakhs respectively. A and B are working partners while C is a sleeping partner. A and B get 10% and 15% of gross profit respectively as salary for managing the business. If at the year end C receives $ 3.75 lakhs, as profit, find the share of A. | Extra Education

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A, B and C enter into a partnership. Their contributions are Rs. 30 lakhs, Rs. 20 lakhs, and Rs. 10 lakhs respectively. A and B are working partners while C is a sleeping partner. A and B get 10% and 15% of gross profit respectively as salary for managing the business. If at the year end C receives $ 3.75 lakhs, as profit, find the share of A.

Correct Answer: $ 14.25 Lakhs

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WhatsApp+91 99922 70404Math MCQ: A, B and C enter into a partnership. Their contributions are Rs. 30 lakhs, Rs. 20 lakhs, and Rs. 10 lakhs respectively. A and B are working partners while C is a sleeping partner. A and B get 10% and 15% of gross profit respectively as salary for managing the business. If at the year end C receives $ 3.75 lakhs, as profit, find the share of A. | Extra Education