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#1 2006-03-10 16:40:21

ganesh
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Registered: 2005-06-28
Posts: 15,152

Partnership

P # 1
Out of the three partners in a business, the capital of A is twice that of B and the capital of B is twice that of C. If at the end of the year, the profit is $10,500, find out the share of each.


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#2 2006-05-14 19:26:18

luca-deltodesco
Member
Registered: 2006-05-05
Posts: 1,470

Re: Partnership

ehm, i dont know exactly what you mean by capital, but supposing its the same as profit?

10500 / 7 = 1500

C gets 1500
B gets 3000
A gets 6000


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#3 2006-05-14 20:11:56

ganesh
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Registered: 2005-06-28
Posts: 15,152

Re: Partnership

luca-deltodesco,
Capital is in the investment made at the start of business. Usually, the profit is shared in accordance with the capital, as in this question.

Your answer is correct!

neatjob5.gif


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