Question

Kamala, Vimala and Pramila enter into a

partnership. They invest Rs. 40,000, Rs.

80,000 and Rs. 1,20,000 respectively. At

the end of the first year, Vimala withdraws

Rs. 40,000, while at the end of the second

year,Pramila withdraws Rs. 80,000. In what

ratio will the profit be shared at the end of 3

years ?
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Answer 1

Sure, here is the solution without coding:

• Kamala invested Rs. 40,000 for 3 years, so her share = 40000 * 3 = 120000

• Vimala invested Rs. 80,000 for 1 year and Rs. 40,000 for 2 years, so her share = 80000 * 1 + 40000 * 2 = 160000

• Pramila invested Rs. 1,20,000 for 2 years and Rs. 40,000 for 1 year, so her share = 120000 * 2 + 40000 = 200000

Therefore, the required ratio = 120000 : 160000 : 200000 = 3 : 4 : 5.

To calculate the profit sharing ratio manually, we can use the following steps:

1. Calculate the total investment period for each partner.
2. Divide the total investment period by the number of partners.
3. The resulting ratio is the profit sharing ratio for the partner.

For example, Kamala's total investment period is 40000 * 3 = 120000. The number of partners is 3, so her profit sharing ratio is 120000 / 3 = 40000.

The other partners' profit sharing ratios can be calculated in the same way. The final profit sharing ratio is 3 : 4 : 5.

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• I hope this helps Cutiepie ❤️! Let me know if you have any other questions. •

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