Question

A,b and c are partners.A capital is 3,00,000 B capital is 100000 C has not invested any amount as capital but he alone manages the whole business.C wants 30000 p.a as salady firm earned a profit of 150000 how much will each partner share a profit

Answer 1

Answer:

A profit is 112781.9 54

B profit is 33834.5

C profit is 3834.4 5

Answer 2

A = 40,000

B = 40,000

C = 70,000

Explanation:

The Total profit remaining after giving salary to C is 1,20,000

In the question it is not marked that the profit will e shared in the ratios of their Capitals so 1,20,000 will be shared equally by all the 3 partners.

So A's Profit will be $\frac{1,20,000}{4}$ that is equal to 40,000

same goes for partner B

and For C It will be 40,000 +30,000 = 70,000 (SALARY P.A.)