A, B, C enter into a partnership A contributes one third of whole capital while B contributes as much as A and C together contribute. If the profit at the end of the year is 84000, how much would each get?
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A's Contribution = 1/3 = 33.33%
B's Contribution = 50%.
C's Contribution = 16.66%.
Ratio of profit sharing = ratio of contribution
= 2 : 3 : 1
Thus,
Profit shared as
28000, 42000 and 14000.