Q. A, B and C enter into partnership with capital contribution of $ 25,000, $ 30,000 and $ 15,000 respectively. A is the working partner and he gets 30% of the profit for managing the business. The balance profit is distributed in proportion to the capital investment. At the year-end, A gets Rs. 200 more than B and C together. Find the total profit.

  • (A) $ 2500
  • (B) $ 2000
  • (C) $ 2200
  • (D) $ 2400
βœ… Correct Answer: (B) $ 2000

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