contestada

•Mr. Jones and Mr. Thomas
entered into partnership
I with capital of $12600
and $19200 respectively.
after 3 months they!
were joined by Mr.Forson with a capital of $ 16200.It is agreed that the profit should be shared in proportion to their capitals.During the first 3 month of the year,………..

Respuesta :

The profit should be shared in proportion to Mr Jones, Mr Thomas and Mr forson capitals in the ratio 21 : 32 : 27 respectively.

Proportion

  • Mr Jones capital = $12600
  • Mr Thomas capital =$19200
  • Mr forson capital = $16200

Total capital = $12600 + $19200 + $16200

= $48,000

Mr Jones proportion = $12600 / $48,000

= 21/80

Mr Thomas proportion = $19200 / $48,000

= 32/80

Mr forson proportion = $16200 / $48000

= 27/80

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