Mathematics related question
MPR Sanjay Kumar (3118 Points)
07 February 2022
🌟 how to take a ratio give some examples??
1 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14805 Points)
Replied 07 February 2022
In partnership firm 2 partners having profit in the ratio of 3:2 , if they earn profit of 40000/- in F.Y
1st partners profit will be
40000 3/5 = 24000/-
2nd partners profit will be
40000 2/5 = 16000/-
This is how we use ratio 3:2 to divide the profit
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