Kamala, vimala and pramila enter into partnership. They invest Rs 40000,Rs 80000 and Rs 120000 resp. At the end of the year vimala withdraws Rs 40000, while at the end of the second year pramila withdraws Rs 80000. In what ratio will the profit bs shared at the end of 3 years?
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The ratio of profits is 3:4:7.
Step-by-step explanation:
Since we have given that
Amount invested Kamala = Rs. 40000
Amount invested Vimala = Rs. 80000
Amount invested Pramila = Rs. 120000
so, at the end of year, Vimal withdraws Rs. 40000
At the end of 2nd year, Pramila withdraws Rs. 80000
So, the ratio of profit would be
Hence, the ratio of profits is 3:4:7.
# learn more:
A, B and Center into a partnership. They invest Rs.25000, Rs.50000 and Rs.75000, respectively
At the end of the first year, B withdraws Rs.25000 while at the end of the second year c withdraws 50000. In what ratio the profits have to be shared at the end of 3 year
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