Multiple Choice Questions on A Company makes a profit of Rs 7 60 000 20 of which is paid as taxes If the rest is divided among th........... for Mathematics - All Exams Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    A Company makes a profit of Rs.7,60,000, 20% of which is paid as taxes. If the rest is divided among the partners X, Y and Z in the ratio 5:3:4 then the share of X is

    Rs.1,40,000

    Incorrect Answer

    Rs.1,52,000

    Correct Answer

    Rs.1,20,000

    Incorrect Answer

    Rs.2,00,000

    Incorrect Answer
    Explanation:

    20% = 760000*20/100 = 152000
    Remaining = Rs.6,08,000
    X = 6,08,000*3/12 = 1,52,000


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