A, B and C are Partners in a firm Sharing Profit in the ratio of 3 : 4 : 5. If they set aside 4% of the Profits as emergency fund and shared the rest of the profit and 8 gets his share of Profit as Rs. 1,81,400, the amount of Profit set aside for emergency fund is:
A. Rs. 27,845
B. Rs. 18,140
C. Rs. 22,675
D. Rs. 24,500
Answer: Option C
Related Questions on Partnership
A. 5 : 7 : 8
B. 20 : 49 : 64
C. 38 : 28 : 21
D. None of these
A. Rs. 40000
B. Rs. 50000
C. Rs. 60000
D. Rs. 70000
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