Question

black and white started a bussiness on 1st April 2019 contributing Rs 40000 and Rs 60000 respectively . at the end of the year the business made a profit of Rs 30000 . distribute the profits
If their profit sharing ration is 3:2 .If they decide to follow
the provisions of Indian partnership act and if they share the profit in capital ratio​

Answer 1

Answer:

if they share profit and loss in capital ratio then,

Black is entitled to 12000 profit

White is entitled to 18000 profit