X and Y enter into a partnership by investing certain capital in the ratio of 1 : 3. However, after 4 months, X alone starts managing the business and Y pays him Rs. 10,000 per month. How much profit should they make so that at the end of the year, when the profit is divided, the net incomes of both are the same for the year
A.
Rs. 40,000

B.
Rs.320,000
C.
Rs 400, 000
D.
Rs . 200, 000
Correct Answer : B

Question

X and Y enter into a partnership by investing certain capital in the ratio of 1 : 3. However, after 4 months, X alone starts managing the business and Y pays him Rs. 10,000 per month. How much profit should they make so that at the end of the year, when the profit is divided, the net incomes of both are the same for the year

A.
Rs. 40,000
B.
Rs.320,000
C.
Rs 400, 000
D.
Rs . 200, 000

Correct Answer : B

A to Z Exams · Accepted Answer

Rs.320,000

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