you decided to join the partnership of august and april. august has a capital of ₱50 000 while april puts up a capital of ₱75 000. the three of you decided that your profit and loss ratio would be 1:2:3 for august,april and yourself you further agreed to make your capitalization equal to your profit sharing ration. how much additional capital should april and yourself to make your capital contributions equal to your profit and loss sharing ration?
2 answers
1:2:3 = 50:100:150
What is the solution