Ninad, Vikas and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas...
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Ninad, Vikas and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas invest double the amount invested by Ninad after 6 months and Manav invest thrice the amount invested by Ninad after 8 months. They earn a profit of Rs. 45,000 at the end of the year. What is Manav's share in the profit? 1. Rs 12,450 2. Rs 15,000 3. Rs 12,300 4. Rs 18,500 5. None of these Ninad, Vikas and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas invest double the amount invested by Ninad after 6 months and Manav invest thrice the amount invested by Ninad after 8 months. They earn a profit of Rs. 45,000 at the end of the year. What is Manav's share in the profit? 1. Rs 12,450 2. Rs 15,000 3. Rs 12,300 4. Rs 18,500 5. None of these
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Related Book For
Advanced Accounting
ISBN: 9780132568968
11th Edition
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
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