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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.
Solution
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
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