By Poonam

Verified by Ajay Kumar

A started a business with ₹30,000. B joined after 6 months with ₹40,000. At the end of the year, what is the profit-sharing ratio?

  1. 3:5

  2. 3:4

  3. 4:5

  4. 3:2

Answer: D

Solution

Profit-sharing ratio = (30000 × 12):(40000 × 6) = 360000:240000 = 3:2.

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