MCQOPTIONS
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| 1. |
M and N are partners in a firm out of which M is sleeping partner and N is working partner. M invests Rs. 1,80,000 and N invests Rs. 90,000. N receives 14.5% of profit for managing the business and the rest is shared between both in ratio of their investments. M s share in the profit of Rs. 24000 is ? |
| A. | Rs 10100 |
| B. | Rs 11500 |
| C. | Rs 12520 |
| D. | Rs 13680 |
| E. | None |
| Answer» E. None | |