Mohit and Rohit were partners in a firm with capitals of ₹ 80,000 and ₹ 40,000 respectively. The firm earned a profit of ₹ 30,000 during the year. Mohit’s share in the profit will be: [1]
A. ₹ 20,000
B. ₹ 10,000
C. ₹ 15,000
D. ₹ 18,000
Answer:C
Mohit and Rohit were partners in a firm with capitals of ₹ 80,000 and ₹ 40,000 respectively. The firm earned a profit of ₹ 30,000 during the year. Mohit’s share in the profit will be: [1]
A. ₹ 20,000 B. ₹ 10,000 C. ₹ 15,000 D. ₹ 18,000