Munna and Chinna are partners in a firm out of which Munna is sleeping partner and Chinna is working partner. Munna invests Rs. 1,40,000 and Chinna invests Rs. 80,000. Chinna receives 14.5% of profit for managing the business and the rest is shared between both in ratio of their investments. Munna's share in the profit of Rs. 19600 is ?
A) Rs. 9580.25
B) Rs. 10600
C) Rs. 10664.15
D) Rs. 11060.48
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Answer:
a) Rs. 9580.25
Step-by-step explanation:
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