Question

the profit for the year is 216000 and profit sharing ratio is 3:2 ? explain how profit is distributed among theseanswer with full explination​

Answer 1

Answer:

129,600 and 86,400

Explanation:

WAY 1:

3:2 means 5 equal parts must be taken the total first such that the remainder left is zero

When 5 parts are taken, 3 parts must be given to one and 2 to another

Here, 216000 then each part is equal to

$=216,000/5\\=43,200$

The first must be given:

$=43,200*3\\=129,600$

And the second one must be given:

$=43,200*3\\=86,400$

WAY 2:

3:2 means 60,40 percent ratio one must be given 60 percent of the profit and the other must be given 40 percent

The answer will be the same Hope it helps!

Answer 2

Answer:

First person gets Rs 1,29,600 and Second person gets Rs 86,400

Explanation:

Given :

The profit for the year = Rs 2,16,000

Profit sharing ratio = 3 : 2

To find :

Profit distributed amongst them

Solution :

Amount of Profit = Rs 2,16,00

★ According to the Question :

The profit is divided among = 2 people

• One person = 3/5
• Second persona = 2/5

Profit received by first person =

$\longrightarrow{\sf{\dfrac{3}{5} \times 2,16,000}}$

$\longrightarrow{\sf{1,29,600}}$

Profit received by second person =

$\longrightarrow{\sf{\dfrac{2}{5} \times 2,16,000}}$

$\longrightarrow{\sf{86,400}}$

Therefore,

First person gets Rs 1,29,600 and second person gets Rs 86,400