Soni, Moni, and Toni are partners sharing profits in the ratio of 5:3:2 . If Moni's share of profit at the end of the year amounted to ₹1,50,000, what - CUET Accountancy MCQ CUET Accountancy 16 July Shift 2 2026 | ExamTest.live

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Soni, Moni, and Toni are partners sharing profits in the ratio of 5 : 3 : 2 . If Moni's share of profit at the end of the year amounted to ₹1,50,000, what will be Soni's share of profits?

Solution & Step-by-step Explanation

Let the total profit of the firm be P .Moni's share corresponds to \frac{3}{10} of the total profit. \frac{3}{10} \times P = 1, 50, 000 ⟹ P = \frac{1 , 50 , 000 \times 10}{3} = ₹5, 00, 000 Soni's share corresponds to \frac{5}{10} of the total profit: Soni’s share = \frac{5}{10} \times 5, 00, 000 = ₹2, 50, 000

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Soni, Moni, and Toni are partners sharing profits in the ratio of 5 : 3 : 2 . If Moni's share of profit at the end of the year amounted to ₹1,50,000, what will be Soni's share of profits?

₹5,00,000

₹1,50,000

₹3,00,000

₹2,50,000

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