Multiple Choice Questions on P Q and R are partners in a firm in 3 2 1 R is guaranteed that he will get minimum of Rs20 000 as hi........... for Commerce 12th Preparation

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Multiple Choice Questions

P Q and R are partners in a firm in 3 2 1 R is guaranteed that he will get minimum of Rs20 000 as hi...........

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    P, Q and R are partners in a firm in 3 : 2 : 1. R is guaranteed that he will get minimum of Rs20,000 as his share of profit every year. Firm’s profit was Rs90,000. Partners will get:

    P Rs40,000; Q ?30,000; R Rs20,000;

    Incorrect Answer

    P Rs42,500; Q ?27,500; R Rs20,000;

    Incorrect Answer

    P Rs45,000; Q ?30,000; R Rs15,000;

    Incorrect Answer

    P Rs42,000; Q ?28,000; R Rs20,000;

    Correct Answer
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    Explanation:

    P Rs42,000; Q ?28,000; R Rs20,000;

    By: santosh
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