, , and entered into a partnership business by investing , , and respectively for a certain period of time. If receives as annual profit, what amount will receive as his share in the profit?
- ARs. 20016
- BRs. 20632
- CRs. 18296
- DRs. 21084
Solution & Step-by-step Explanation
The ratio of the investments of , , and is:
Dividing each term by :
Since the time period is same for all partners, the profit distribution ratio will be identical to the investment ratio.
Let the common multiple be . Thus, 's share .
Given that 's profit share is :
's profit share is :
Dividing each term by :
Since the time period is same for all partners, the profit distribution ratio will be identical to the investment ratio.
Let the common multiple be . Thus, 's share .
Given that 's profit share is :
's profit share is :