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:
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Q29: In a partnership, the profit and loss
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