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Monday, December 17, 2018

Ram, Shyam and Kamal together started a business in partners

Ram, Shyam and Kamal together started a business in partnership. The ratio of their capital is 3 : 4 : 7. If their annual profit be Rs.21,000, what will be the share of Kamal in the profit?
ARs.15,000
BRs.12,500
CRs.1,000
DRs.10,500

Answer is : Rs.10,500

Explanation:

The ratio of Ram, Shyam and Kamal capitals = 3: 4: 7
Annual profit = Rs.21000
then, Kamal’s shares in the profit = (7 x 21000)/14
= Rs.10500

Nithin K
answered Nov 26 '2016 at 13:41

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