George, paul and hari start a business by contributing rs.30000, rs.40000 and rs.50000 respectively. After ½ a year george withdraws half his contribution. At the end of the year the business showed a profit of rs. 90000 which divided amongst the 3 men proportionate to amount and duration of their investment in the enterprise. Paul got:
Answers
Answered by
11
its 32000 answer
explain:
G,P & h ratio will be
(30,000*6+15000*6):(40000*12):(50000*12)
=27:48:60
hence 135x=90000
x=2000/3
paul got x*48 means 2000/3*48=32000
Answered by
5
Investment of George is Rs. 30000x6= 180000 + 15000x6= 90000= 270000
Investment of Paul is Rs. 40000x12= 480000
Investment of Hari is Rs. 50000x12= 600000
Thus, their ratio of profit is 27:48:60 or 9:16:20
The given profit is Rs. 90000
And, Paul’s share of profit according to his investment is Rs. 90000x16\45
= Rs. 32000.
Thus, Paul got Rs. 32000.
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