Banking Quantitative Aptitude Partnership Question Bank Partnership

  • question_answer
    A and B started a business in partnership by investing Rs. 10000 and Rs. 4000 respectively, condition of partnership is that B got Rs. 100 per month for management of the business. After paying 5% interest on the capital, annual profit has distributed in the ratio of their investment. Find the share of their profit, if the annual profit is Rs. 4000.

    A)  Rs. 3000 each

    B)  Rs. 2500 each   

    C)  Rs. 1500 each

    D)  Rs. 2000 each

    E)  None of these

    Correct Answer: D


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