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A and B are partners sharing profit and losses in the ratio of 3:2 (A's capital is rs.30000 &B's capital is rs.15000). they admitted C and agree to give 1/5 share of profits to him. how much C should bring in towards his capital?
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A and B are partners sharing profit and losses in the ratio of 3:2 (A'...
total share=1share of c=1/5share of A and B=1-1/5=4/5and now, 4/5=30000+15000total profit of the firm=1=45000*5/4share of c=45000*5/4*1/5=11250
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A and B are partners sharing profit and losses in the ratio of 3:2 (A'...
And B's capital is rs.20000). At the end of the year, the total profit was rs.5000.
To calculate A's share of profit:
A's share = Total profit x (A's capital / Total capital)
A's share = 5000 x (30000 / 50000)
A's share = 5000 x 0.6
A's share = 3000
To calculate B's share of profit:
B's share = Total profit x (B's capital / Total capital)
B's share = 5000 x (20000 / 50000)
B's share = 5000 x 0.4
B's share = 2000
Therefore, A's share of profit is rs.3000 and B's share of profit is rs.2000.
To calculate A's share of profit:
A's share = Total profit x (A's capital / Total capital)
A's share = 5000 x (30000 / 50000)
A's share = 5000 x 0.6
A's share = 3000
To calculate B's share of profit:
B's share = Total profit x (B's capital / Total capital)
B's share = 5000 x (20000 / 50000)
B's share = 5000 x 0.4
B's share = 2000
Therefore, A's share of profit is rs.3000 and B's share of profit is rs.2000.
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A and B are partners sharing profit and losses in the ratio of 3:2 (A's capital is rs.30000 &B's capital is rs.15000). they admitted C and agree to give 1/5 share of profits to him. how much C should bring in towards his capital?
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A and B are partners sharing profit and losses in the ratio of 3:2 (A's capital is rs.30000 &B's capital is rs.15000). they admitted C and agree to give 1/5 share of profits to him. how much C should bring in towards his capital? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A and B are partners sharing profit and losses in the ratio of 3:2 (A's capital is rs.30000 &B's capital is rs.15000). they admitted C and agree to give 1/5 share of profits to him. how much C should bring in towards his capital? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B are partners sharing profit and losses in the ratio of 3:2 (A's capital is rs.30000 &B's capital is rs.15000). they admitted C and agree to give 1/5 share of profits to him. how much C should bring in towards his capital?.
A and B are partners sharing profit and losses in the ratio of 3:2 (A's capital is rs.30000 &B's capital is rs.15000). they admitted C and agree to give 1/5 share of profits to him. how much C should bring in towards his capital? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A and B are partners sharing profit and losses in the ratio of 3:2 (A's capital is rs.30000 &B's capital is rs.15000). they admitted C and agree to give 1/5 share of profits to him. how much C should bring in towards his capital? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B are partners sharing profit and losses in the ratio of 3:2 (A's capital is rs.30000 &B's capital is rs.15000). they admitted C and agree to give 1/5 share of profits to him. how much C should bring in towards his capital?.
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