Question

a and b starts a business with 60,000rs and 75,000rs.respectively. At the end of the year earned a profit 45,500rs. find the share of each partner in the profit​

Answer 1

given a's capital = 60000.

b's capital =75000.

from their capital wa derive the profit sharing ratio.

=60000:75000

=60:75

=12:15

=4:5

their profit sharing ratio is 4:5.

4+5=9

45500/9=5,055.5555555556

A's profit =5,055.5555555556×4

=20222

B's profit =5,055.5555555556×5

=25,278.