CA Foundation Exam  >  CA Foundation Questions  >  A and B are partners A’s capital is Rs.... Start Learning for Free
A and B are partners A’s capital is Rs. 10,000 and B’s Capital is Rs. 6,000. Interest is payable @ 6% p.a. B is entitled to a salary of Rs. 300 per month. Profit to the year before interest and salary to B is R.s 8,000. Profits between A and B will be divided as:

  • a)
    Rs. 1,720 to A and Rs. 1,720 to B 

  • b)
    Rs. 2000 to A and Rs. 1440 to B 

  • c)
    Rs. 1440 to A and Rs. 2000 to B 

  • d)
    None

Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
A and B are partners A’s capital is Rs. 10,000 and B’s Cap...
profit is given before intrest and salary.so,we have to less salary and intrest. caclation of int. 10000*6/100 =600 for c
and 6000*6/100=360 for d and salary is 12*300=3600: reduce these from 8000 and we get amount 3440. ratio is not given so, shared equally A 1720 and B 1720 
Free Test
Community Answer
A and B are partners A’s capital is Rs. 10,000 and B’s Cap...
Invested $10,000 and B invested $5,000. They agreed to share profits and losses in the ratio of 2:1 respectively. If the profit at the end of the year is $15,000, how much of it will each partner receive?

To solve this problem, we first need to find the total ratio of the profits to be shared between A and B. The total ratio is 2+1=3.

Next, we need to find the share of A and B in the total ratio. A's share is 2/3 and B's share is 1/3.

To find A's share of the profit, we multiply the profit by A's share of the ratio:

A's share = 2/3 x $15,000 = $10,000

Similarly, to find B's share of the profit, we multiply the profit by B's share of the ratio:

B's share = 1/3 x $15,000 = $5,000

Therefore, A will receive $10,000 and B will receive $5,000 of the $15,000 profit.
Explore Courses for CA Foundation exam
A and B are partners A’s capital is Rs. 10,000 and B’s Capital is Rs. 6,000. Interest is payable @ 6% p.a. B is entitled to a salary of Rs. 300 per month. Profit to the year before interest and salary to B is R.s 8,000. Profits between A and B will be divided as:a)Rs. 1,720 to A and Rs. 1,720 to Bb)Rs. 2000 to A and Rs. 1440 to Bc)Rs. 1440 to A and Rs. 2000 to Bd)NoneCorrect answer is option 'A'. Can you explain this answer?
Question Description
A and B are partners A’s capital is Rs. 10,000 and B’s Capital is Rs. 6,000. Interest is payable @ 6% p.a. B is entitled to a salary of Rs. 300 per month. Profit to the year before interest and salary to B is R.s 8,000. Profits between A and B will be divided as:a)Rs. 1,720 to A and Rs. 1,720 to Bb)Rs. 2000 to A and Rs. 1440 to Bc)Rs. 1440 to A and Rs. 2000 to Bd)NoneCorrect answer is option 'A'. 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 and B are partners A’s capital is Rs. 10,000 and B’s Capital is Rs. 6,000. Interest is payable @ 6% p.a. B is entitled to a salary of Rs. 300 per month. Profit to the year before interest and salary to B is R.s 8,000. Profits between A and B will be divided as:a)Rs. 1,720 to A and Rs. 1,720 to Bb)Rs. 2000 to A and Rs. 1440 to Bc)Rs. 1440 to A and Rs. 2000 to Bd)NoneCorrect answer is option 'A'. 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 and B are partners A’s capital is Rs. 10,000 and B’s Capital is Rs. 6,000. Interest is payable @ 6% p.a. B is entitled to a salary of Rs. 300 per month. Profit to the year before interest and salary to B is R.s 8,000. Profits between A and B will be divided as:a)Rs. 1,720 to A and Rs. 1,720 to Bb)Rs. 2000 to A and Rs. 1440 to Bc)Rs. 1440 to A and Rs. 2000 to Bd)NoneCorrect answer is option 'A'. Can you explain this answer?.
Solutions for A and B are partners A’s capital is Rs. 10,000 and B’s Capital is Rs. 6,000. Interest is payable @ 6% p.a. B is entitled to a salary of Rs. 300 per month. Profit to the year before interest and salary to B is R.s 8,000. Profits between A and B will be divided as:a)Rs. 1,720 to A and Rs. 1,720 to Bb)Rs. 2000 to A and Rs. 1440 to Bc)Rs. 1440 to A and Rs. 2000 to Bd)NoneCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of A and B are partners A’s capital is Rs. 10,000 and B’s Capital is Rs. 6,000. Interest is payable @ 6% p.a. B is entitled to a salary of Rs. 300 per month. Profit to the year before interest and salary to B is R.s 8,000. Profits between A and B will be divided as:a)Rs. 1,720 to A and Rs. 1,720 to Bb)Rs. 2000 to A and Rs. 1440 to Bc)Rs. 1440 to A and Rs. 2000 to Bd)NoneCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A and B are partners A’s capital is Rs. 10,000 and B’s Capital is Rs. 6,000. Interest is payable @ 6% p.a. B is entitled to a salary of Rs. 300 per month. Profit to the year before interest and salary to B is R.s 8,000. Profits between A and B will be divided as:a)Rs. 1,720 to A and Rs. 1,720 to Bb)Rs. 2000 to A and Rs. 1440 to Bc)Rs. 1440 to A and Rs. 2000 to Bd)NoneCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for A and B are partners A’s capital is Rs. 10,000 and B’s Capital is Rs. 6,000. Interest is payable @ 6% p.a. B is entitled to a salary of Rs. 300 per month. Profit to the year before interest and salary to B is R.s 8,000. Profits between A and B will be divided as:a)Rs. 1,720 to A and Rs. 1,720 to Bb)Rs. 2000 to A and Rs. 1440 to Bc)Rs. 1440 to A and Rs. 2000 to Bd)NoneCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of A and B are partners A’s capital is Rs. 10,000 and B’s Capital is Rs. 6,000. Interest is payable @ 6% p.a. B is entitled to a salary of Rs. 300 per month. Profit to the year before interest and salary to B is R.s 8,000. Profits between A and B will be divided as:a)Rs. 1,720 to A and Rs. 1,720 to Bb)Rs. 2000 to A and Rs. 1440 to Bc)Rs. 1440 to A and Rs. 2000 to Bd)NoneCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A and B are partners A’s capital is Rs. 10,000 and B’s Capital is Rs. 6,000. Interest is payable @ 6% p.a. B is entitled to a salary of Rs. 300 per month. Profit to the year before interest and salary to B is R.s 8,000. Profits between A and B will be divided as:a)Rs. 1,720 to A and Rs. 1,720 to Bb)Rs. 2000 to A and Rs. 1440 to Bc)Rs. 1440 to A and Rs. 2000 to Bd)NoneCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev