India Profit Share


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For 55 Lakh property "A" invested 13 Lakhs and "B" invested 7 Lakhs. After sale of Property got total profit of 6 Lakhs. Then how to distribute 6 Lakhs between 2 parties??
 
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Sep 16, 2013
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Using proportions.

A= 13/55 = 23.64%. So, 6 multiplied by 23.64% = 1.4184 Lakhs.
B = 7/55 = 12.73%. So, 6 multiplied by 12.73% = 0.7638 Lakhs.

This is assuming that 55 Lakhs is the cost of the property and not the selling price.
 

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