A and B started a business with Rs 20,000 and Rs. 35,000 respectively. They agreed share the profit in the ratio of their capital. C joined the partnership with the condition that A, B and C will share profit equally and pay Rs. 220000 as premium for this, to be shared between A and B. In what ratio this premium is to be divided between A and B?

A and B started a business with Rs 20,000 and Rs. 35,000 respectively.

1.	A and B started a business with Rs 20,000 and Rs. 35,000 respectively. They agreed share the profit in the ratio of their capital. C joined the partnership with the condition that A, B and C will share profit equally and pay Rs. 220000 as premium for this, to be shared between A and B. In what ratio this premium is to be divided between A and B?
A.	1:10
B.	10:1
C.	5 :8
D.	10:9
Answer» C. 5 :8

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