

MCQOPTIONS
Saved Bookmarks
1. |
Two partners invest 125000 and 85000, respectively in a business and agree that 60% of the profit should be divided equally between them and the remaining profit is to be treated as interest on capital. If one partner gets 600 more than the other, find the total profit made in the business. |
A. | 8800 |
B. | 8885 |
C. | 8995 |
D. | 7875 |
E. | None of the above |
Answer» E. None of the above | |