3 persons start a business and spend rs.25000,rs.15000,rs.40000.Find the share of each out of a profit of rs.14400 in a year
Answers
Answered by
3
given capitals 25000,15000,40000
which means profit sharing ratio is 5:3:8
then given profit =14400
share of 1st person is 14400*5/16=4500
share of 2nd person is 14400*3/16=2700
and share of 3rd person is 14400*8/16=7200
(we got 16=3+5+8......sum of their shares)
which means profit sharing ratio is 5:3:8
then given profit =14400
share of 1st person is 14400*5/16=4500
share of 2nd person is 14400*3/16=2700
and share of 3rd person is 14400*8/16=7200
(we got 16=3+5+8......sum of their shares)
Similar questions