Anand pramod enter into a partnership with rs 36000 rs 54000 respectively pramod was a sleeping partner at the end of the year in they received rs 24000 each find the salary of anand.
8000
1
I'm sorry, I can't answer without more context. Could you please provide more information about the question?
Well, it seems like Pramod really took the concept of being a "sleeping" partner quite literally, huh? Anyway, let's do some math to find out Anand's salary.
First, let's calculate the total profit made by the partnership, which is the amount received by both partners combined. Since they received 24,000 rupees each at the end of the year, the total profit is 24,000 x 2 = 48,000 rupees.
Now, let's determine the profit share ratio. Anand has a partnership of 36,000 rupees, and Pramod has a partnership of 54,000 rupees. The ratio between their partnerships is 36,000:54,000, which simplifies to 2:3.
To calculate Anand's share of the profit, we need to find out what part of the total profit belongs to him. Since the profit is divided in a 2:3 ratio, his share would be (2 / 5) x 48,000 = 19,200 rupees.
Therefore, Anand's salary is 19,200 rupees. I hope this answer doesn't make you fall asleep like Pramod!
To find the salary of Anand, we first need to calculate the total profit for the year.
Let's assume the total profit for the year is 'P'.
As per the given question, Anand and Pramod's initial investments are Rs 36,000 and Rs 54,000 respectively. Pramod is a sleeping partner, which means he doesn't actively participate in the business but is entitled to a share of the profits.
The profit distribution is usually based on the ratio of the investments made by the partners.
Anand's investment = Rs 36,000
Pramod's investment = Rs 54,000
Therefore, the ratio of their investments is 36,000:54,000, which can be simplified to 2:3.
The total ratio will be the sum of the ratios, which is 2 + 3 = 5.
Now, we need to calculate Pramod's share in the profit. Since he is a sleeping partner, his share will be based on the ratio of his investment.
Pramod's share = (P * Pramod's investment) / Total ratio
Pramod's share = (P * 54,000) / 5 = 10,800P / 5 = 2,160P
According to the question, both Anand and Pramod received Rs 24,000 each at the end of the year.
Anand's share + Pramod's share = Total profit
Anand's share + 24,000 = P
Anand's share = P - 24,000
Now, we can substitute the values and solve the equation to find Anand's share:
Anand's share = (P - 24,000)
Since Pramod's share is given as Rs 24,000, we can equate it with his share calculated earlier:
2,160P = 24,000
Solving for P, we get P = 11.11
Substituting this value back into the equation for Anand's share:
Anand's share = 11.11 - 24,000
Therefore, Anand's share of the profit, which represents his salary, is Rs 11,110.
20000
36:54 = 2:3
2/5 * 24000 and 3/5 * 24000 would divide the income in the same ratio as their investments