Question

Raghu, Madhu and Ramu started a business in partnership by investing Rs 60,000, Rs 40,000 and Rs 75,000 respectively. At the end of the year, they found that they have incurred a loss of Rs 24,500. Find how much loss each one had to bear.

Answer 1

Since the period of investment is same for all three partners, therefore loss will be shared in proportion to the capitals invested.

i.e in the proportion
60000 : 40000 : 75000

I.e in the proportion
12 : 8 : 15

Now 12 + 8 + 15 = 35

Raghu had to bear loss
= `12/35 xx 24,500` = Rs 8400

Madhu had to bear loss
= `8/35 xx 24,500` = Rs 5,600

and Ramu had to bear loss
= `15/35 xx 24,500` = Rs 10,500