Question

The ratio of time and amount invested in abusiness by three partners is 7:8:3 and 9:6:2 respectively the total profit is 1400 calculate the profit share ratio

Answer 1

Answer:

7x:8x:2x = 0

profit = 1400

9x+6x+2x = 1400

x = 1400/17

82.35

9×82.35=741.15

6×82.35=495

2×82.35=164.7

Step-by-step explanation:

= 741.15, 495 and 164.7 will be their share

hope it is helpful for you guys

Answer 2

Answer:

Ratio of profit share = 63 : 48 : 6

Step-by-step explanation:

Suppose the three partners are A, B and C.

• The ratio of amount investments = 9:6:2

        The ratio of time = 7:8:3

• Now the ratio of profit of A, B, C will be (9×7) : (6×8) : (2×3)
•                                                                   = 63 : 48 : 6
• Suppose the common factor is x.
• Profit of A = 63x, Profit of B = 48x and profit of C = 6x

• Total profit = profit of A + profit of B + profit of C

•                   = 63x + 48x + 6x = 117x
• Total profit given in question = 1400
• So, 117x = 1400    or, x = 1400/117 = 11.96

• Profit of A = 63 × 11.96 = 753.84 , Profit of B = 48 × 11.96 = 574.08

• and profit of C = 6 × 11.96 = 71.76

• Ratio of profit share =  753.84:574.08:71.76 = 63 : 48 : 6

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