Answer:
700/383
Step-by-step explanation:
The profit should be shared in proportion to Mr Jones, Mr Thomas and Mr forson capitals in the ratio 21 : 32 : 27 respectively.
<h3>Proportion</h3>
- Mr Jones capital = $12600
- Mr Thomas capital =$19200
- Mr forson capital = $16200
Total capital = $12600 + $19200 + $16200
= $48,000
Mr Jones proportion = $12600 / $48,000
= 21/80
Mr Thomas proportion = $19200 / $48,000
= 32/80
Mr forson proportion = $16200 / $48000
= 27/80
Learn more about proportion:
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