Multiple choice

Y and Z started a business in partnership by investing Rs 40000 and Rs 50000 respectively . Condition of partnership is that Y got Rs 1500 per month for management of the business . Remaining profit has to be distributed in the ratio of their investments . Find the profit share of Z , if the annual profit is Rs 45000 ?

  1. Rs. 15000

  2. Rs. 30000

  3. Rs. 27000

  4. Rs. 18000

  5. None of these
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A Correct answer
Explanation

Y receives Rs 1500 × 12 = Rs 18000 annually for management. Remaining profit = 45000 - 18000 = Rs 27000, distributed in investment ratio 40000:50000 = 4:5. Z's share = 27000 × 5/9 = Rs 15000.

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