Question

Sarvesh, Sriniketan and Srinivas are partners in ratio 5:3:2. If Sriniketan's share of profit is ₹1,50,000, find Sarvesh's share.

• A. ₹5,00,000
• B. ₹1,50,000
• C. ₹3,00,000
• D. ₹2,50,000

Hint:

Always convert ratio → value of 1 part → then multiply.

Answer 1

The Correct Option is D

Concept: In partnership accounting, profit is distributed among partners in a fixed ratio known as profit-sharing ratio. Each partner’s share is directly proportional to their ratio. If one partner’s share is known, we can find the value of one part and then determine the remaining partners’ shares.

Step 1: Write profit sharing ratio.
\[ \text{Sarvesh : Sriniketan : Srinivas} = 5 : 3 : 2 \]

Step 2: Find value of one part.
Sriniketan = 3 parts = ₹1,50,000 \[ 1 \text{ part} = \frac{150000}{3} = 50000 \]

Step 3: Find Sarvesh share.
Sarvesh = 5 parts \[ 5 \times 50000 = 250000 \] Final Answer: ₹2,50,000