mohan and sohan are equal partners .their capitals as on 1 april 2020 are 100000 and 200000.profit for year 2020-21 was 90000. as the agrement int on cap 10000 and 20000
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work is defined as a rate of doing work
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Answer:
Mohan=30000(M)
Sohan=60000(S)
Explanation:
Given
Capital of M on April 1st=100000
Capital of S on April 1st=200000
Profit=90000
Intial capital M=10000
Intial capital S=20000
Solution
Ratio of capital M and S=1:2
Profit Mohan=(1/3)×90000=30000
Profit Sohan=(2/3)×90000=60000
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