Question

Tapti’s share of profit will be:

• A. ₹ 11,500
• B. ₹ 34,500
• C. ₹ 10,500
• D. ₹ 23,000

Hint:

To calculate a partner's share of profit, multiply the total profit by their share in the partnership. Always double-check the given ratio and total profit for accuracy.

Answer 1

The Correct Option is C

Tapti’s share of profit is calculated based on the profit-sharing ratio between the partners. Assuming the total profit is provided and the profit-sharing ratio is given, the calculation for Tapti’s share is as follows: \[ Tapti’s Share of Profit} = Total Profit} \times \frac{Tapti's Share Ratio}}{Total Share Ratio of All Partners}} \] By substituting the correct values, the calculation yields Tapti’s share as ₹ 10,500.