BANK Union Bank of India Local Bank Officer Mock Test 2024 Quantitative Aptitude Profit and Loss Partnership
A and B entered into partnership by investing their own money in ratio of 1 : 2. Y invests in their business by acting as angel investor and his investment was 25% of the total investment. According to the MOU signed by A and B they will give 10% of profit earned to the angel investor and will divide the rest according to the capital invested by them. If the business earned Rs. 200,000 at the end of year 1 calculate the capital investment by A if profit earned is 20% of total investment made, also find the difference between profit share of B and A by assuming 25% of earnings as expenditure.
1
Rs. 175,500, Rs. 65,000
2
Rs. 150,000, Rs. 75,000
3
Rs. 225,000, Rs. 55,000
4
Rs. 187,500, Rs. 45,000
5
None of the above