Math Problem Statement
Q 2 - If an amount of Rs. 20000 and Rs. 25000 invested by two partners in a business. But B left the business hand C joined the business with the capital of Rs. 15000 after the period of 4 year. An amount of Rs. 46000 earned as profit by the firm then what should be the share in profit of C?
Solution
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Math Problem Analysis
Mathematical Concepts
Profit Sharing
Ratio and Proportion
Formulas
Profit Sharing Ratio = (Investment * Time) for each partner
Share of Profit = (Individual Share / Total Shares) * Total Profit
Theorems
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Suitable Grade Level
Grades 9-11
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