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1. |
A, B and C enter into partnership with capital contribution of $ 25,000, $ 30,000 and $ 15,000 respectively. A is the working partner and he gets 30% of the profit for managing the business. The balance profit is distributed in proportion to the capital investment. At the year-end, A gets Rs. 200 more than B and C together. Find the total profit. |
A. | $ 2500 |
B. | $ 2000 |
C. | $ 2200 |
D. | $ 2400 |
Answer» C. $ 2200 | |