Two partners invest in the ratio 1 : 2 for the same period and earn a profit of Rs 21000. What is the share of the first partner?
Answer and explanation
Correct answer: C. Rs 7000
- Step 1: Total parts = 1 + 2 = 3.
- Step 2: First partner's share = 21000 x 1/3 = 7000.
Answer
Rs 7000.
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