if motu and patalu starts a business by investing rs 10000 and Rs20000 respectively and revice the profit of 6000at the end of year then share of profits for each partner of respectily
Answers
Answer:
Motu's share of profit is Rs. 2,000
Patalu's share of profit is Rs. 4,000
Explanation:
Given :
Money invested for starting the business by Motu = Rs 10,000
Patalu invested money = Rs 20,000
Profit received at the end of the year = Rs 6,000
To find :
Share of profits for each partner of respectively
Solution :
Motu's Share = 10,000 × 12
⇒ 1,20,000
Patalu's Share = 20,000 × 12
⇒ 2,40,000
⇒ 12 : 24
★ Motu's Share : Patalu's Share
⇒ 1 : 2
★ Total Profit = Rs 6,000
Motu's Share =
⇒ 2,000
Patalu's Share =
⇒ 4,000
Therefore,
Motu's share of profit is Rs. 2,000
Patalu's share of profit is Rs. 4,000
Explanation:
Motu's Share = 10,000 × 12
⇒ 1,20,000
Patalu's Share = 20,000 × 12
⇒ 2,40,000
⇒ 12 : 24
★ Motu's Share : Patalu's Share
⇒ 1 : 2
★ Total Profit = Rs 6,000
Motu's Share = 1/3 × 6,000
⇒ 2,000
Patalu's Share = 2/3 × 6,000
⇒ 4,000
Hence,
Motu's profit share = Rs 2,000
Patalu's profit share = Rs 4,000