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Question 4
A contributes one-fourth capital for one-fourth of the time. B contributes one-fifth of
capital for half of the time and C contributes the remaining capital for the whole time.
Calculate their profit-sharing ratio.
AY
a. 5:8:44
b. 3:8:43
C. 8:5:44
d. 5:6:42
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Answers
Answered by
1
Answer:
d is the correct answer
Answered by
1
Answer:
a. 5:8:44
Step-by-step explanation:
time = T , capital = I
A's capital = I/4 for T/4
B's capital = I/5 for T/2
C's capital = I - (I/4 + I/5) for T
= 11I/20 for T
profit ratio = (I/4 * T/4):(I/5 * T/2): (11I/20 * T)
= (1/16):(1/10):(11/20)
= (5/80):(8/80):(44/80)
=5:8:44
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