mrs johnnes starts bussiness with birr 45,000. mr frad join after 3 months with birr 30,000. what will be the ratio in which they should share the profit at the end of the year?
Answers
Answered by
1
Answer:
9 months
Step-by-step explanation:
Let B join after x months.
Then profit is divided in the ratio 45000×12:30000×x
Given
30000×x
45000×12
=
1
2
⇒45000×12=60000x⇒x=
60000
45000×12
=9months.
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