Mathematics · Partnership Accounts
Mathur started a business by investing Rs. 6,76,000 as capital. After 4 months, Goyal joined the business by investing a capital of Rs. 5,07,000. At the end of the year, a total of Rs. 2,60,000 was given to Goyal, which included 25% of the total profit for conducting the business and his share of the remaining profit. How much profit will Mathur get?
- 1Rs. 2,45,000
- 2Rs. 2,55,000
- 3Rs. 2,60,000✓
- 4Rs. 2,50,000
Correct answer
Rs. 2,60,000
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