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Out Of Profit...

Out Of Profit

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A and B invest Rs 60,000 and Rs 80,000 in a business. A receives Rs 100 per month out of Profit for running the business and the rest of the profit is divided in the ratio of investment. If in a year A receives Rs 3,900, what does B receives.

In a partnership, A invests 1/6 of the capital for 1/6 of the time, B invests 1/3 of the capital and 1/3 of the time and C, the rest of the capital for the whole time. Out of a profit of Rs. 4600, B's share is :

Mansi Ltd. had 6,000, 10% Debentures of Rs. 100 each due for redemption on 31st March, 2019. assuming that the debentures were redeemed out of profits, pass necessary Journal entries for redemption of debentures. There was a credit balance of Rs. 6,00,000 in surplus, i.e., Balance in statement of profit and loss.

Reena and Shaloo are partners in a business. Reena invests Rs.35000 for 8 months and Shaloo invests Rs.42000 for 10 months.Out of a profit of Rs.31570 ,Reenal's share is Rs.9471 b.Rs.12,628 c.Rs.18,040 d.Rs.18942