Question

Ram & Shyam are partners in the ratio of 3:2. Before profit distribution , Ram is entitled to 5% commission of the net profit (after charging such commission). Before charging commission, firm’s profit was Rs. 42,000. Shyam’s share in profit will be: ​

Answer 1

Given:

• Two partners, Ram and Shyam have shares in the ratio of $3:2$ in profit.

• Ram is entitled to 5% commission on the net profit.

• Before commission, the firm's profit =$Rs.42000$

To find:

Shyam's share in the profit.

Explanation:

As, per the given data, ratio of Ram and Shyam partnership = $3:2$

And, the firm's profit before commission is Rs.$42000$

Form this, the share of Ram in profit, before commission can be calculated as:

$(3/(3+2))*42000\\(3/5)*42000\\3*8400\\25200$

Similarly, the share of Shyam in the profit can be calculated as:

$(2/(3+2))*42000\\(2/5)*42000\\2*8400\\16800$

∴ Shyam's share in the profit before Ram's entitlement to the commission is Rs.16800.

Now, Ram gets extra five percent of final profit, as his share. Assuming the same profit for the firm even after the commission, the shares of Ram and Shyam in the profit is calculated as follows:

Ram's share after commission is:

$25200 + ((5/100)*42000)\\25200+(5*420)\\25200+2100\\27300$

⇒Shyam's share after the commission is:

$42000-27300\\14700$

Final Answer:

• Shyam's share in profit, before commission is Rs.$16800$

• Shyam's share in the same profit, after commission is Rs.$14700$

Answer 2

Answer:

here is your answer :- 16,000

Explanation:

100% correct answer

hope it helps you to understand