Ram, Rahim and Robert started a partnership business investing ₹ 30,000, ₹ 50,000 and ₹ 40,000 respectively. If they made an annual profit of ₹ 18,504, then the share of Rahim is
Profit Ratio of Ram, Rahim, Robert = 30000 : 50000 : 40000 = 3 : 4 : 5
Share of Ram in the annual profit = $$\frac{5}{12}\times18504$$ = ₹ 7710
Hence, the correct answer is Option D
Create a FREE account and get: