Sadiq and Ijaz started a business with the investment of Rs.16000 each. After six months Iftikhar also joined them with the investment of Rs.20,000. At the end of the year what will the share of Sadiq, Ijaz and Iftikhar respectively be in the profit of Rs.4200.
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Step-by-step explanation:
- 16000×12=192000
- 16000×12=192000
- iftikhar joined after six month of rs 20000
- 20000×6=120000
- than ratio in amount
- 192000 :192000 :120000
- 8:8:5
- sum of ratio is 21
- total profit 4200
- 4200×8=33600÷21 =1600
- 4200×5=21000÷21 =1000
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