· X and Y are partners contributing * 25,000 and 7 30,000. As per agreement, X would get 1 th of the profit for management and balance to be divided in the ratio of capital. Find 7 the share of each if there is a profit * 25,200
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Profit after charging interest = Profit before charging interest - Interest on loan
= RS-79,200 - 1,200
= RS-78,000.
Profit distribution among partners = RS-78,000/3
= RS-26,000.
Profit for B and C = RS-26,000
Profit for A = RS-26,000 + RS-1,200
= RS-27,200.
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