A. b and c started a business by investing rs. 10000, rs. 18000 and rs. 12000 respectively. at the end of the year b received rs. 15000 as share in total profit. what is the share of mr. c in the profit?
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From the view point of investment B introduced 18000 (I. email 9/20th of total capital )and assuming that he get 15000 as his share of profit for 9/20th share in total profit of the firm. So profit sharing ratio is 5:9:6 (I. e. 10000:18000:12000)
The total profits would be 15000×20/9=33,333
Thus c's share would be 33,333×6/20=10000
The total profits would be 15000×20/9=33,333
Thus c's share would be 33,333×6/20=10000
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the c' s share will be rs 10000
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