Q1 of 27 Page 202

I and my friend Mala together have started a business with capitals of ₹15000 and ₹25000 respectively. If we make a profit of ₹16,800 in a year, let us see that profit share shall we each get?

I invested = ₹15000 for a year


Mala invested = ₹25000 for a year


My total investment = ₹15000 × 12


Mala’s total investment = ₹25000 × 12


Ratio of partnership = 15000×12 : 25000×12


= 15 : 25


= 3 : 5


Total profit made = ₹16,800



= 3×2100


= ₹6300



= 5×2100


= ₹10500


More from this chapter

All 27 →