Question

A,B and C start a business by investing 40000 ,70000 and 90000 respectively and share the profit of 120000 at the of the year .find the share in profit of each partner​

Answer 1

Answer:

Rs. 24000, Rs. 42000, Rs. 54000

Step-by-step explanation:

Ratio of investments = 40000 : 70000: 90000

                                  = 4 : 7: 9.

The profit will also be shared in ratio of their investments.

Hence A's share = 4/20 * 120,000 = Rs. 24,000

B's Share = 7/20 * 120,000 = Rs. 42,000

C's Share = 9/20 * 120,000 = Rs. 54, 000