If A invests $50,000 and B invests $70,000 in a partnership, and they agree to s
Practice Questions
Q1
If A invests $50,000 and B invests $70,000 in a partnership, and they agree to share profits in the ratio of their investments, what will be A's share if the total profit is $30,000?
$12,000
$15,000
$18,000
$20,000
Questions & Step-by-Step Solutions
If A invests $50,000 and B invests $70,000 in a partnership, and they agree to share profits in the ratio of their investments, what will be A's share if the total profit is $30,000?