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Q:

A and B started a business with Rs 20,000 and Rs. 35,000 respectively. They agreed  share the profit in the ratio of their capital. C joined the partnership with the condition that A, B and C will share profit equally and pay Rs. 220000 as premium for this, to be shared between A and B. In what ratio this premium is to be divided between A and B?

  • 1
    1:10
  • 2
    10:1
  • 3
    5 :8
  • 4
    10:9
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Answer : 2. "10:1"

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