a and b entered into a partnership at capital investment of 3:5.A is paid salary for managing the business and profit is shared according to capital ratio.if their annual income is 7:9.
Answers
Answer:
Correct option is
A
Rs 330
Ratio of the initial capital of A and B = 4 : 5
Hence the initial capitals of A and B is 4x and 5x
Ratio in which profit will be divided
(4x×3)+(
4
3
×4x×7):(5x×3)+(
5
4
×5x×7)
33:43
A's share=
76
33
×760=Rs330
Answer:
complete questions is :-a and b entered into a partnership at capital investment of 3:5.A is paid salary for managing the business and profit is shared according to capital ratio.if their annual income is 7:9.express a's salery in percentage into total profit.
Solution- according to question profit is shared according to capital ratio ie. 3:5 and profit ratio is 7:9
Now see here we can say a's income ratio can change b's income ratio will not change because a is getting salary not b. b's ratio become 5 to 9. we have to make it equal so (3:5)*9 and (7:9)*5 now we get ratio 27:45 & 35:45. here we can clearly see a's income income is increasing (35-27) by 8 and total profit is now (35+45) 80. a's salery percentage is 8/80 ie. 10% . hope you understand. many more mathod you can apply here but it is best I think thank you guys.