Gain 200 level admission into any university - no JAMB and low fees - Call 07063900993
JAMB Results Update: More than 1,900,000 JAMB Results have been released - Check Yours Here

P&Q are partners in a venture. P contributed #20,000 for nine months and Q contributed...

P&Q are partners in a venture. P contributed #20,000 for nine months and Q contributed #50,000 for one year. Find each person's share of profit of #6,300.?

To get notifications when anyone posts a new answer to this question,
Follow New Answers

Post an Answer

Please don't post or ask to join a "Group" or "Whatsapp Group" as a comment. It will be deleted. To join or start a group, please click here

Answers (2)

Robert
2 days ago
P's contribution= #20,000
Q's contribution= #50,000

Total contribition= #70,000

Ratio of P to Q's contribution= 2:5
Total ratio= 7

Profit shared= #6,300
P's share= 2/7 × #6,300= #1,800
Q's share= (#6,300 - #1,800)= #4,500
Zealot
2 days ago
since the question said partner,they going to share it equally according partnership agreement or law


#6300/2=#3150

p=#3,150
q=#3,150
Ask Your Own Question

Quick Questions

See More Mathematics Questions