In a partnership business Shyam invests Rs.6000 for 8 months and Akbar invests Rs.8000 for 4 months. The ratio of profit share of Shyam and Akbar is how much ? Give a step-by-step explaination for being marked as the brainliest.
Answers
SOLUTION
GIVEN
In a partnership business Shyam invests Rs.6000 for 8 months and Akbar invests Rs.8000 for 4 months.
TO DETERMINE
The ratio of profit share of Shyam and Akbar
EVALUATION
Here it is given that in a partnership business Shyam invests Rs.6000 for 8 months and Akbar invests Rs.8000 for 4 months
Contribution of Shyam
= Rs ( 8 × 6000 )
= Rs 48000
Contribution of Akbar
= Rs ( 4 × 8000 )
= Rs 32000
Hence the ratio of profit share of Shyam and Akbar
= 48000 : 32000
= 48 : 32
= 3 : 2
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