Tinku u0026 Bunty enteredninto Joint Venture to share profits and losses innthe ratio of 2 :1. Tinku supplied 200nrefrigerators costing Rs.2,00,000 to Bunty,nincurring freight charges of Rs.10,000. Bunty sold 190nrefrigerators for Rs.2,40,000 and took over thenremaining 10 refrigerators for himself.nThe result of Joint venture =?

Tinku u0026 Bunty enteredninto Joint Venture to share profits and loss

1.	Tinku u0026 Bunty enteredninto Joint Venture to share profits and losses innthe ratio of 2 :1. Tinku supplied 200nrefrigerators costing Rs.2,00,000 to Bunty,nincurring freight charges of Rs.10,000. Bunty sold 190nrefrigerators for Rs.2,40,000 and took over thenremaining 10 refrigerators for himself.nThe result of Joint venture =?
A.	Loss Rs.40,000
B.	Profit Rs.30,000
C.	Profit Rs.40,000
D.	Profit Rs.40,500
Answer» E.