Partnership — CAT Previous-Year Questions
1 previous-year question on Partnership from CAT, with full solutions. Practise free — check answers as you go; sign in to save your progress.
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Partnership · CAT PYQs
CAT 2021 Slot 2 · QA
Q1.
Anil, Bobby and Chintu jointly invest in a business and agree to share the overall profit in proportion to their investments. Anil’s share of investment is 70%. His share of profit decreases by ₹ 420 if the overall profit goes down from 18% to 15%. Chintu’s share of profit increases by ₹ 80 if the overall profit goes up from 15% to 17%. The amount, in INR, invested by Bobby is