Two partners invest in the ratio 3 : 5 for the same period and earn a profit of Rs 10000. What is the share of the first partner?
Answer and explanation
Correct answer: B. Rs 3750
- Step 1: Total parts = 3 + 5 = 8.
- Step 2: First partner's share = 10000 x 3/8 = 3750.
Answer
Rs 3750.
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