A, B and C enter into a partnership. Their contributions are Rs. 30 lakhs, Rs. 20 lakhs, and Rs. 10 lakhs respectively. A and B are working partners while C is a sleeping partner. A and B get 10% and 15% of gross profit respectively as salary for managing the business. If at the year end C receives $ 3.75 lakhs, as profit, find the share of A.

Asked Sep 07, 2023 Modified Sep 07, 2023 Viewed 0 times
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asked Sep 07, 2023 at 09:12
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$ 14.25 Lakhs
answered Sep 07, 2023 at 09:12

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