Multiple choice

Sarvesh, Sriniketan and Srinivas are partners in the ratio 5 : 3 : 2. What will be Sarvesh's share of profit if Sriniketan's share of profit at the end of the year amounted to Rs. 1,50,000?

  1. Rs. 5,00,000

  2. Rs. 1,50,000

  3. Rs. 3,00,000

  4. Rs. 2,50,000
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The profit-sharing ratio of Sarvesh, Sriniketan, and Srinivas is 5 : 3 : 2. Since Sriniketan's share of 3 units corresponds to Rs. 1,50,000, each unit is worth Rs. 50,000. Therefore, Sarvesh's share of 5 units is 5 * 50,000 = Rs. 2,50,000.

AI explanation

The profit sharing ratio of Sarvesh, Sriniketan, and Srinivas is 5 : 3 : 2, which means Sarvesh gets 5 parts and Sriniketan gets 3 parts. If Sriniketan's 3 parts equal Rs 1,50,000, then one part is worth 150000 divided by 3, which is Rs 50,000. Multiplying this value by Sarvesh's 5 parts gives his share as 5 * 50000, which equals Rs 2,50,000.

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