# Mickey, Tom and Jerry Were Partners In The Ratio of 5:3:2. On 31st March 2021 - Bzziii.com

Mickey, Tom and Jerry were partners in the ratio of 5:3:2. On 31st March 2021, their books reflected a net profit of ₹2,10,000. As per the terms of
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Mickey, Tom and Jerry were partners in the ratio of 5:3:2. On 31st March 2021, their books reflected a net profit of ₹2,10,000. As per the terms of the partnership deed they were entitled for interest on capital which amounted to ₹80,000, ₹60,000 and ₹40,000 respectively. Besides this a salary of ₹60,000 each was payable to Mickey and Tom. Calculate the ratio in which the profits would be appropriated.

(A) 1:1:1
(B) 5:3:2
(C) 7:6:2
(D) 4:3:2

(C) 7:6:2

Explanation:

Mickey's Ratio

= "1,40,000"/"3,00,000" = "70,000"/"1,50,000"

= 14/30 = 7/15

Tom's Ratio

= "1,20,000"/"3,00,000" = "60,000"/"1,50,000"

= "12"/"30" = "6"/"15"

Jerry's Ratio

= "40,000"/"3,00,000" = "20,000"/"1,50,000"

= "4"/"30" = "2"/"15"

∴Mickey:Tom:Jerry = 7:6:2

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