Question
'E' and 'F' enter into a partnership by investing Rs.
6,000 and Rs. 'z', respectively. Ten months later, 'E' doubled his investment, while 'F' withdrew Rs. 2,000 from his investment. If by the end of the year, 'E' received Rs. 8,000 as his share of the total profit of Rs. 14,000, find 'F's initial investment.Solution
ATQ, Profit share of 'F' = 14000 - 8000 = Rs. 6,000 So, the initial investment by 'F' = Rs. 10,833.5.
Sales = ₹200 lakhs, Variable cost = ₹120 lakhs, Fixed cost = ₹30 lakhs
Interest = ₹10 lakhs
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