A B and C invest in the business in the ratio 3:6:5. Only B is the sleeping partner hence his share will be 3/4th of what it would have been if he were a working partner. If they make 50000 profit,half of which is reinvested in the business and other half is distributed between the partners, then how much does get C ? Please EXPLAIN
Answers
here is your answer
C share = 10,602.7
Step-by-step explanation:
A B and C invest in the business in the ratio 3:6:5
If they make 50000 profit,half of which is reinvested in the business and other half is distributed between the partners
=> 25000 distributed
B would have got as working partner = (6/14)*25000
= 75000/7
(3/4) of Share = (75000/7)*(3/4) = 56250/7
Remaining share = 75000/7 - 56250/7 = 18750/7
C normal share = (5/14)*25000 = 62500/7
18750/7 would be shared between A & C in 3 : 5 Ratio
C would get (5/8)*(18750/7) = 46875/28
C share = 62500/7 + 46875/28 = 296875/28
= 10,602.7
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