Question
D, E and F started a company with capital investments in
the ratio 5:3:2. F being the active partner gets 10% of the total profit for managing the business. If the total profit earned in two years is Rs. 15,000, calculate F’s total share of profit.Solution
ATQ,
Profit share of F for being active working partner = 0.10 Ă— 15000 = Rs. 1,500 Profit share of F for his investments = 15000 Ă— 0.90 Ă— (2/10) = Rs. 2,700 So, the total profit earned by F = 1500 + 2700 = Rs. 4,200
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