kavita and leela are partners and thier capitals are 600000 and 400000

Question

 1 if profit for the year  110000

2 if profit for the year    35000 

3i f profit for the year    10000

 

Answer 1

Are you asking for their share of the profits?

 

Kavita gets 60% of the profits leaving Leela with 40% of the profits

 

because their total capital is 1,000,000 and Kavita's part is 600,00/1,000,000

 

1. Kavita gets 60% of 110,000 which is 66,000 and Leela gets 44,000

 

2. Kavita gets 21,000 and Leela gets 14,000

 

3. Kavita gets 6,000 and Leela gets 4,000