Question

Sangeeta and ankita are partners in a firm sangeeta capital is 70000 and Anita capital 50000 firm profit is 60000 Akita share of profit is??

Answer 1

Explanation:

Given that:

Sangeeta and Ankita are patterns in a firm.

Sangeeta invests: 70,000/-

Ankita invests: 50,000/-

Profit of firm = 60,000/-

To find:

Ankita share of profit

Solution:

The ratio of investment of Sangeeta and Ankita is 7:5

So,The ratio of profit will be in the ratio of 7:5

Ankita share of profit:

$= \frac{ankita's \: share}{total \: share} \times profit \: amount \\ \\ = \frac{5}{12} \times 60,000 \\ \\ = 5 \times 5000 \\ \\ = 25,000$

So, Ankita share of profit is Rs 25,000/-

Hope it helps you.

Answer 2

Answer:

hope it helps you dear regards (Anshika) Queen123733733