A B AND C ENTER INTO PARTNERSHIP BY INVESTING CAPITAL IN RATIO 1/2:1/3:1/4.AFTER 4 MONTHS A WITHDRAWS 50% OF HIS CAPITAL AND AFTER 8 MONTHS PROFIT OF RS 20240 IS DISTRIBUTED BETWEEN THEM.WHAT IS THE DIFFERENCE BETWEEN THE SHARES OF A AND C IN THE PROFIT?
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Step-by-step explanationRatio of initial investments = 1/2 : 1/3 : 1/4 = 6 : 4 : 3.
Let their initial investments be 6x, 2x and 3x respectively.
A : B : C = (6x * 2 + 3x * 10) : (4x * 12) : (3x * 12) = 42 : 48 : 36 = 7 : 8 : 6.
B's share = Rs. (378 * 8/21) = Rs. 144.:
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12 /13/14
50% ceo
capital20240
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