Question
A and B started a business by investing Rs.7000 and
Rs.10000 respectively. After 8 months A withdrew 50% of his investment. If at the end of the year, profit share of B is Rs.8400, then find the profit share of A.Solution
Profit sharing ratio A and B = 7000 x 8 + 3500 x 4 : 10000 x 12 = 7:12 So, profit share of A = 8400 x (7/12) = Rs.4900
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a. Equipments
b. Labour
c. Raw materials
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b. Is specific for substrate
c. Is consumed by the rea...