Partnership Questions and Answers

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Q51
Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran's share in the profit?
  • A Rs. 9,423
  • B Rs. 10,250
  • C Rs. 12,500
  • D Rs. 10,500
Answer: Option D

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