In a partnership for a business, Jay invests Rs.6000 for complete year & Viru invests Rs.3000 for 6 months. What is Viru’s share if they earn Rs.240 as profit?
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If A invests amount C1 for T1 time
time his share of profit is P1, B invests amount C2 for T2 time and his share of profit is P2,
then,
C1 T1 / C2 T2 = P1/P2
If P is the Virus share of profit, then Jay gets (240 - P)
Therefore,
So ,
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