Question

divide rs 60,720 profit among 3 partners of a firm in the ratio 2 : 3 : 7 . Which partners gets lowest amount ??​

Answer 1

Here totals parts of the money to be made = 2 + 3 + 7 = 12

Now first partner will get 2/12th part of Rs. 60,720

$\therefore \frac{2}{12}\times 60720\\\frac{1}{6}\times 60720=Rs. 10120$

The second partner will get 3/12th part of Rs. 60,720

$\therefore \frac{3}{12}\times 60720$

$\frac{1}{4}\times 60720=Rs. 15180$

The third partner will get 7/12th part of Rs. 60, 720

$\therefore \frac{7}{12}\times 60720$

$=7\times 5060= Rs. 35420$

Hence the partners get (Rs. 10,120) (Rs.15,180) and (Rs.35,420), respectively.