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A, B and C are the partners sharing profits and losses in the ratio of 5:3:2, took a joint life policy of Rs. 30,000. On the death of B what amount will be payable to each partner
- a)A-Rs. 22,000 and B-Rs. 8,000
- b)A-Rs. 14,000 and B-Rs. 16,000
- c)A-Rs. 15,000, B-Rs. 9,000 and C-Rs. 6,000
- d)A-Rs. 10,000, B –Rs. 8,000 and C-Rs. 10,000
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
A, B and C are the partners sharing profits and losses in the ratio of...
-Rs. 15,000 and C-Rs. 5,000
To find out the amount payable to each partner, we need to calculate the share of each partner in the joint life policy.
The total ratio of the partners is 5:3:2, which adds up to 10.
To find out the share of each partner, we divide the policy amount by the total ratio:
A's share = (5/10) * 30,000 = Rs. 15,000
B's share = (3/10) * 30,000 = Rs. 9,000
C's share = (2/10) * 30,000 = Rs. 6,000
Therefore, the correct answer is c) A-Rs. 15,000, B-Rs. 9,000, and C-Rs. 6,000.
To find out the amount payable to each partner, we need to calculate the share of each partner in the joint life policy.
The total ratio of the partners is 5:3:2, which adds up to 10.
To find out the share of each partner, we divide the policy amount by the total ratio:
A's share = (5/10) * 30,000 = Rs. 15,000
B's share = (3/10) * 30,000 = Rs. 9,000
C's share = (2/10) * 30,000 = Rs. 6,000
Therefore, the correct answer is c) A-Rs. 15,000, B-Rs. 9,000, and C-Rs. 6,000.
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A, B and C are the partners sharing profits and losses in the ratio of 5:3:2, took a joint life policy of Rs. 30,000. On the death of B what amount will be payable to each partnera)A-Rs. 22,000 and B-Rs. 8,000b)A-Rs. 14,000 and B-Rs. 16,000c)A-Rs. 15,000, B-Rs. 9,000 and C-Rs. 6,000d)A-Rs. 10,000, B –Rs. 8,000 and C-Rs. 10,000Correct answer is option 'C'. Can you explain this answer?
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A, B and C are the partners sharing profits and losses in the ratio of 5:3:2, took a joint life policy of Rs. 30,000. On the death of B what amount will be payable to each partnera)A-Rs. 22,000 and B-Rs. 8,000b)A-Rs. 14,000 and B-Rs. 16,000c)A-Rs. 15,000, B-Rs. 9,000 and C-Rs. 6,000d)A-Rs. 10,000, B –Rs. 8,000 and C-Rs. 10,000Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A, B and C are the partners sharing profits and losses in the ratio of 5:3:2, took a joint life policy of Rs. 30,000. On the death of B what amount will be payable to each partnera)A-Rs. 22,000 and B-Rs. 8,000b)A-Rs. 14,000 and B-Rs. 16,000c)A-Rs. 15,000, B-Rs. 9,000 and C-Rs. 6,000d)A-Rs. 10,000, B –Rs. 8,000 and C-Rs. 10,000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A, B and C are the partners sharing profits and losses in the ratio of 5:3:2, took a joint life policy of Rs. 30,000. On the death of B what amount will be payable to each partnera)A-Rs. 22,000 and B-Rs. 8,000b)A-Rs. 14,000 and B-Rs. 16,000c)A-Rs. 15,000, B-Rs. 9,000 and C-Rs. 6,000d)A-Rs. 10,000, B –Rs. 8,000 and C-Rs. 10,000Correct answer is option 'C'. Can you explain this answer?.
A, B and C are the partners sharing profits and losses in the ratio of 5:3:2, took a joint life policy of Rs. 30,000. On the death of B what amount will be payable to each partnera)A-Rs. 22,000 and B-Rs. 8,000b)A-Rs. 14,000 and B-Rs. 16,000c)A-Rs. 15,000, B-Rs. 9,000 and C-Rs. 6,000d)A-Rs. 10,000, B –Rs. 8,000 and C-Rs. 10,000Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A, B and C are the partners sharing profits and losses in the ratio of 5:3:2, took a joint life policy of Rs. 30,000. On the death of B what amount will be payable to each partnera)A-Rs. 22,000 and B-Rs. 8,000b)A-Rs. 14,000 and B-Rs. 16,000c)A-Rs. 15,000, B-Rs. 9,000 and C-Rs. 6,000d)A-Rs. 10,000, B –Rs. 8,000 and C-Rs. 10,000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A, B and C are the partners sharing profits and losses in the ratio of 5:3:2, took a joint life policy of Rs. 30,000. On the death of B what amount will be payable to each partnera)A-Rs. 22,000 and B-Rs. 8,000b)A-Rs. 14,000 and B-Rs. 16,000c)A-Rs. 15,000, B-Rs. 9,000 and C-Rs. 6,000d)A-Rs. 10,000, B –Rs. 8,000 and C-Rs. 10,000Correct answer is option 'C'. Can you explain this answer?.
Solutions for A, B and C are the partners sharing profits and losses in the ratio of 5:3:2, took a joint life policy of Rs. 30,000. On the death of B what amount will be payable to each partnera)A-Rs. 22,000 and B-Rs. 8,000b)A-Rs. 14,000 and B-Rs. 16,000c)A-Rs. 15,000, B-Rs. 9,000 and C-Rs. 6,000d)A-Rs. 10,000, B –Rs. 8,000 and C-Rs. 10,000Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
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