Maryum and Arifa started a business with investment of Rs 70,000 and Rs 50,000 respectively. After one year they earned a profit of Rs 21,000. find the share of each partner in profit.
Answers
Answered by
1
Answer:
The profit will be shared in capital ratio
that is,
70000:50000=7:5
total profit= rs 21,000
so Maryum's share= 21,000×7/12
=12,250
Arifa's share = 21,000 ×5/12
=8,750
Answered by
1
Answer:
maryur was profits is 12250
arifa was profit is 8750
Step-by-step explanation:
rs 70,000+17.5%= 82,250
82,250-70, 000= 12,250
rs 50,000+17.5%= 58,750
58,750-50,000=8750
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