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Q.

Ajay, Vijay and Bijay are partners in the ratio of 5:3:2. Before Vijay’s salary of Rs.34,000/- firm’s profit is Rs.1,84,000/- . How much in total Vijay will receive from the firm?

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a

Rs.79,000

b

Rs.45,000

c

Rs.55,200

d

Rs.89,200

answer is D.

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Detailed Solution

Profit = 1,84,000 – 34,000

= 1,50,000

Vijay’s share of profit 1,50,000×310=45,000

Vijay will get =34,000+45,000=79,000

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