PARTNERSHIP
QUESTION 1. A,B and C started a business by investing Rs.1,20,000,Rs 1,35,000 and Rs. 1,50,000 respectively.Find the share of each, out of annual profit of Rs.56,700.
SOL.
Ratio of shares of A,B and c=120000:135000:150000=8:9:10
sum=8+9+10=27
A’s share=8/27*56700=16800
B’s share=9/27*56700=18900
C’s share=10/27*56700=21000.
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