Niraj started a business investing Rs. 45,000, Gopal joined him after six months with an amount of Rs. 60,000 and Madhava joined them after one year with an amount of Rs. 1 lakh. The profit earned on completion of two years from the beginning of the business should be distributed in what ratio among Niraj, Gopal and Madhava respectively?

Question

Examsnet · Accepted Answer

Correct Answer is :  9 : 9 : 10

Partnership Practice Test 4