PARTNERSHIP
QI. A and B two friends enter into a partnership with the initial investments Rs.15400 and
Rs.19250 respectively. After 4 months B withdraws Rs 7700. If total profit after a year is Rs
11500, then find profit share of A
(a) Rs.8,000 (b: ) Rs.6,000 (c) Rs.4,500 (d) Rs.5,400 (e) Rs.6,400
Answers
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Answer:
Step-by-step explanation:
6000
Answered by
0
Given:
Number of partners = 2 = A and B
Investment of A = Rs. 15400
Investment of B = Rs. 19250
Amount withdrawn by B = Rs. 7700
Total profit = Rs. 11500
To find:
The profit share of A
Solution:
The ratio of Investment of A and B
= (15400×12) : (19250×4)
Since an amount of 7700 has been withdrawn by B, therefore -
= (15400×12) : (19250×4) + (19250−7700)×8
= ( 4 × 12 ) : ( 5 × 4 ) + ( 3 × 8)
= 12:11
Calculating profit -
12/23 × 11500
= 12 × 500
= 6000
Answer: The profit share of A is Rs. 11500
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