| A and B are partners in a firm sharing Profit & Loss in the ratio of 3:2. |
| Interest on capital A ............................................................................... 10,000 |
| Interest on capital B ..................................................................................5,000 |
| Salary A (Charge).......................................................................................4000 |
| Salary B......................................................................................................4000 |
| Commission A (Charge) .............................................................................3000 |
| Commission B ........................................................................................... 4000 |
| Rent Paid to partner ................................................................................10,000 |
| Interest on Loan by A (Partner) ..................................................................5000 |
| Profit before providing the above ........................................................... 33,000 |
| B's Share of Profit/loss will be: |
A) Loss = 4400 to B
B) B will get 5,000
C) B will get 4,000
D) B will get 6,000
Correct Answer: D
Solution :
B will get 6,000
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