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A, B and C enter into a partnership. The...

A, B and C enter into a partnership. Their contributions are Rs. 30 lakhs, Rs. 20 lakhs and Rs. 10 lakhs respectively. A and B are working partner while C is a sleeping parter. A and B get 10% and 15% of gross profit respectively as salary fore manging the business. If at the year end C receives Rs. 3.75 lakhs, as profit, find the share of A.

A

16Lakhs

B

12Lakhs

C

18Lakhs

D

14.25Lakhs

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The correct Answer is:
D
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