Practicing Success
A starts a business with Rs. 25,000. After 6 months B joins A with Rs. 15,000. Find their profit sharing ratio after one year. |
10 : 07 10 : 03 07 : 03 07 : 05 |
10 : 03 |
A : B Inv. ratio ⇒ 5 : 3 Time ratio ⇒ 2 : 1 Profit ratio⇒ 10 : 3 *(Profit = Inv. × time) |