Solved

P, Q and R Agree to Share Profits in the Ratio

Question 35

Multiple Choice

P, Q and R agree to share profits in the ratio 5: 4: 2. This means:


A) P is entitled to 5/6 of the profits.
B) Q is entitled to 4/11 of the profits.
C) R is entitled to 1/2 of the profits.
D) P is entitled to 1/3 of the profits.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions