Ram and Sham entered in a joint
venture. They contribute RS,10,00,000,
and RS,8,00,000, profit of the joint
venture is 30% Ram and Sham
allocate the profit 4 : 2 What is the
allocation
Answers
Answered by
0
Answer:
Ram's share = 4/6 of 540000 = ₹ 360000
sham's share = 2/6 of 540000 = ₹ 180000
Step-by-step explanation:
total contribution = 1000000 + 800000 = ₹ 1800000
total profit = 30% of 1800000 = ₹ 540000
total of ratio 4+2=6
Ram's share = 4/6 of 540000 = ₹ 360000
sham's share = 2/6 of 540000 = ₹ 180000
Similar questions