CBSE BOARD XII, asked by Anonymous, 9 months ago

Appropriation of Profit according to Capital Ratio) A B and C started a business in parthership.A contributes ₹50 000 for the whole year B introduces 74 0 000 at first and increased it to ₹46 000 a the end of four months but withdraws 76 000 a the end of nine months.C invests 780 000 at first but withdraws ₹20 000 at the end of five months. Firm earned a profit of ₹2 750 during the year.You are required to show the division of profits on the basis of the effective capital employed by each parther during the year.

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Answered by rachel132913
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A contributes ₹50 000 for the whole year B introduces 74 0 000 at first and increased it to ₹46 000 a the end of four months but

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