A, b and c invested in the ratio 4:5:7. c is a sleeping partner so his share of profits will be half of what it would have been if he were a working partner. if they make a profit of rs. 36,000 of which 25% is reinvested in the business. how much does b gets? answer
Answers
Answered by
0
Answer:
11718.75 is the required answer bro
Step-by-step explanation:
First of it is a question of accountancy not business studies
here is the solution
suppose firm earns rs1
as per capital ratio
c should get 7/16
but c should get half so 7/16*1/2 = 7/32
and remaining 1- 7/32 = 25/32 to a & b in capital ratio
so A = 25/32*4/9 = 100/288
B = 25/32*5/9 = 125/288
C = 7/32* 9/9 = 63/288. ( to equal denominator)
so ratio is
100 : 125 :63
now profit is 36000
reserve 25%
remaining. 27000
b's share = 11718.75
Similar questions