WBCS.LIVE practice question

Mohan, Meena and Madhav enter into a partnership by investing Rs. 3,000, Rs. 2,000 and Rs. 5,000 respectively. Find the share of the given names in the order given in the annual profit of Rs. 5,600.

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Rs. 1,752, Rs. 1,168, Rs. 2,680
  2. Rs. 1,680, Rs. 1,120, Rs. 2,800
  3. Rs. 1,480, Rs. 1,320, Rs. 2,800
  4. Rs. 1,680, Rs. 1,240, Rs. 2,680

Correct answer and explanation

Correct answer: Rs. 1,680, Rs. 1,120, Rs. 2,800