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A and B entered into a joint venture agreement to share the profits and losses in the ratio of 2:1. A supplied 100 radio sets worth Rs.1,00,000 to B incurring expenses of Rs.5,000 for freight and insurance. B sold 95 radio sets for Rs.1,20,000. 5 radio sets were taken over by B. The profit/loss on venture will bea)Profit of Rs.20,000b)Profit of Rs.15,000c)Loss of Rs.20,000d)Profit of Rs.20,250Correct answer is option 'D'. Can you explain this answer? for CA CPT 2024 is part of CA CPT preparation. The Question and answers have been prepared according to the CA CPT exam syllabus. Information about A and B entered into a joint venture agreement to share the profits and losses in the ratio of 2:1. A supplied 100 radio sets worth Rs.1,00,000 to B incurring expenses of Rs.5,000 for freight and insurance. B sold 95 radio sets for Rs.1,20,000. 5 radio sets were taken over by B. The profit/loss on venture will bea)Profit of Rs.20,000b)Profit of Rs.15,000c)Loss of Rs.20,000d)Profit of Rs.20,250Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA CPT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B entered into a joint venture agreement to share the profits and losses in the ratio of 2:1. A supplied 100 radio sets worth Rs.1,00,000 to B incurring expenses of Rs.5,000 for freight and insurance. B sold 95 radio sets for Rs.1,20,000. 5 radio sets were taken over by B. The profit/loss on venture will bea)Profit of Rs.20,000b)Profit of Rs.15,000c)Loss of Rs.20,000d)Profit of Rs.20,250Correct answer is option 'D'. Can you explain this answer?.

Solutions for A and B entered into a joint venture agreement to share the profits and losses in the ratio of 2:1. A supplied 100 radio sets worth Rs.1,00,000 to B incurring expenses of Rs.5,000 for freight and insurance. B sold 95 radio sets for Rs.1,20,000. 5 radio sets were taken over by B. The profit/loss on venture will bea)Profit of Rs.20,000b)Profit of Rs.15,000c)Loss of Rs.20,000d)Profit of Rs.20,250Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA CPT. Download more important topics, notes, lectures and mock test series for CA CPT Exam by signing up for free.

Here you can find the meaning of A and B entered into a joint venture agreement to share the profits and losses in the ratio of 2:1. A supplied 100 radio sets worth Rs.1,00,000 to B incurring expenses of Rs.5,000 for freight and insurance. B sold 95 radio sets for Rs.1,20,000. 5 radio sets were taken over by B. The profit/loss on venture will bea)Profit of Rs.20,000b)Profit of Rs.15,000c)Loss of Rs.20,000d)Profit of Rs.20,250Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A and B entered into a joint venture agreement to share the profits and losses in the ratio of 2:1. A supplied 100 radio sets worth Rs.1,00,000 to B incurring expenses of Rs.5,000 for freight and insurance. B sold 95 radio sets for Rs.1,20,000. 5 radio sets were taken over by B. The profit/loss on venture will bea)Profit of Rs.20,000b)Profit of Rs.15,000c)Loss of Rs.20,000d)Profit of Rs.20,250Correct answer is option 'D'. Can you explain this answer?, a detailed solution for A and B entered into a joint venture agreement to share the profits and losses in the ratio of 2:1. A supplied 100 radio sets worth Rs.1,00,000 to B incurring expenses of Rs.5,000 for freight and insurance. B sold 95 radio sets for Rs.1,20,000. 5 radio sets were taken over by B. The profit/loss on venture will bea)Profit of Rs.20,000b)Profit of Rs.15,000c)Loss of Rs.20,000d)Profit of Rs.20,250Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of A and B entered into a joint venture agreement to share the profits and losses in the ratio of 2:1. A supplied 100 radio sets worth Rs.1,00,000 to B incurring expenses of Rs.5,000 for freight and insurance. B sold 95 radio sets for Rs.1,20,000. 5 radio sets were taken over by B. The profit/loss on venture will bea)Profit of Rs.20,000b)Profit of Rs.15,000c)Loss of Rs.20,000d)Profit of Rs.20,250Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A and B entered into a joint venture agreement to share the profits and losses in the ratio of 2:1. A supplied 100 radio sets worth Rs.1,00,000 to B incurring expenses of Rs.5,000 for freight and insurance. B sold 95 radio sets for Rs.1,20,000. 5 radio sets were taken over by B. The profit/loss on venture will bea)Profit of Rs.20,000b)Profit of Rs.15,000c)Loss of Rs.20,000d)Profit of Rs.20,250Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CA CPT tests.