A and B enter into partnership. A contributes Rs.8000 and B contributes Rs.10,000. At the end of 6 months they introduce C who contributes Rs.6000. After the gap of three years, they find that firm has made a profit of Rs.9660, find the share of each of them.
Answers
Answer:
A's investment for 36 months = Rs.8000×36 = Rs.288000
A's investment for 36 months = Rs.8000×36 = Rs.288000B's investment for 36 months = Rs.10000×36 = Rs.360000
A's investment for 36 months = Rs.8000×36 = Rs.288000B's investment for 36 months = Rs.10000×36 = Rs.360000C's investment for 30 months = Rs.6000×30 = Rs.180000
A's investment for 36 months = Rs.8000×36 = Rs.288000B's investment for 36 months = Rs.10000×36 = Rs.360000C's investment for 30 months = Rs.6000×30 = Rs.180000A : B : C's ratio of shares = 288 : 360 : 180 = 48 : 60 : 30 = 24 : 30 : 15
A's investment for 36 months = Rs.8000×36 = Rs.288000B's investment for 36 months = Rs.10000×36 = Rs.360000C's investment for 30 months = Rs.6000×30 = Rs.180000A : B : C's ratio of shares = 288 : 360 : 180 = 48 : 60 : 30 = 24 : 30 : 15Total profit = Rs.9660
A's share = 9660 × 24 = 140×24 = Rs.3360
69
B's share = 9600 × 30 = 140×30 = Rs.4200
24
C's share = 9660 × 15 = Rs.2100
24
Answer:
A's Profit on a Capital of ₹8000 for 3 years = A's Profit on ₹240000 for 1 year.
B's Profit on a Capital of ₹10000 for 3 years = B's Profit on ₹30000 for 1 year.
C's Profit on a Capital of ₹ 6000 for 5/2 years = C's Profit on ₹ 15000 for 1 year.
Hence ratio of profit of A:B:C
= 24000:30000:15000 = 8:10:5
Sum of the Ratios = 8+10+5 = 23
A's Share
B's Share
C's Share
These are the Shares of each of them..