Puja, Uttam and Meher started a partnership business with capitals of 5000, 7000 and 10000 respectively with the conditions that (1) Monthly expense for running business is 125 (ii) Puja and Uttam each will get 720 for keeping the accounts. If the profit is 3 6960 at the end of the year, let us write by calculating the profit share each would get,
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Given, Monthly expense for running business is ₹125.
Puja’s investment = ₹5000×12 for a year
= ₹60000 + 125×12
= ₹60000 + 1500
= ₹61500
Uttam’s investment = ₹7000×12 for a year
= ₹84000 + 125×12
= ₹84000 + 1500
= ₹85500
Meher’s investment = ₹10000×12 for a year
= ₹120000 + 125×12
= ₹120000 + 1500
= ₹121500
Ratio of their capital = 61500 : 85500 : 121500
= 41:57:81
Total profit = ₹6960
Hence, their shares in ratio of their capital are:
= ₹1594
= ₹2216
= ₹3149
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