Question

Ahmed and Bilal are two partners in a business. As per agreement, the profit ratio should be in
accordance with the amount invested by each partner. Ahmed invested Rs 120,000 and Bilal
invested Rs 45,000. If they earned a profit of Rs 22,000, then the share of Bilal is Rs

Answer 1

Sol : = First of all we will calculate the weighted ratios ... Joe started a hardware business by investing his money Rs. 50,000. ... After 4 years, they earned a profit of Rs. 59,500. ... If share of Neha is Rs. 1900 and also 10% of profit goes to charity.

steps

Rs. Rs. Income from business. Net profit as per income statement. 11,000,000 ... The closing value of stock-in-trade for a tax year can be the lower of cost [Rs. ... of more than ten years shall be treated as if it had a normal useful life of ten years.

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