Question
A and B enter into a business and decided to distribute 60% of profit as per( investment X ratio) and rest in the ratio
A and B enter into a business and decided to distribute 60% of profit as per( investment X ratio) and rest in the ratio of 5 : 6. If the amount invested by A is 25% more than B and B withdraw 3/4 th of his total investment after 9 months. Find the profit distribution ratio of A and B according to given condition at the end of a year. (a) 5: 6 (b) 4:3 (c) 3:4 (d) 6:5 (e) 1:1
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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