Practice mode Partnership

Two partners suffer a loss of Rs. 6,300. Their capitals are Rs. 40,000 and Rs. 50,000 for the same period. How much loss does the second partner bear?

Correct answer A. Rs. 3,500

Explanation

Capital ratio = 40,000 : 50,000 = 4 : 5. The second partner bears 6,300 × 5/9 = Rs. 3,500.

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