Ables and Galang divide partnership profits and losses solely on the basis of their average capital balances. Ables had P 275, 000 invested during all of 2020; Galang had P 200,000 invested from January 1 to August 31, and he invested another P 75, 000 on September 1. If profit was P 800, 000 during 2020. How much should each partner receive?

Computation for Galang's monthly average:

P200,000.00 x 8 months = P1,600,000.00 + (P275,000 x 4 months) = ?
P1,600,000.00 + P1,100,000.00 = P2,700,000.00
P2,700,000 / 12 months = P22,500.00 per month

(P275,000 / P500,000) x 100 = 55% - Ables
(P225,000 / P500,000) x 100 = 45% - Galang

Ables’ Share = P800,000.00 x 55% = P440,000.00
Galang’s Share = P800,000.00 x 45% = P360,000.00

hello diba dapat 75,000 x 4 months lang yun??

um...

what grade

Well, let's crunch some numbers, shall we? Ables had P275,000 invested throughout the entire year, while Galang had P200,000 invested from January 1 to August 31 and an additional P75,000 from September 1 onwards. That means Ables had a total investment of P275,000, while Galang had a total investment of P200,000 + P75,000 = P275,000.

So, both partners had a total investment of P275,000 each. Now, since the profit for 2020 was P800,000, we can distribute it based on their average capital balances.

Since both partners had the same average capital balance of P275,000, they should each receive an equal share of the profit.

Therefore, Ables and Galang should each receive P800,000 / 2 = P400,000.

And there you have it! Each partner should receive P400,000.

To calculate how much each partner should receive, we need to first determine the average capital balance for each partner during 2020.

For Ables:
Ables had P 275,000 invested throughout the entire year, so his average capital balance is P 275,000.

For Galang:
Galang had P 200,000 invested from January 1 to August 31, which is a total of 8 months. So, the investment for this period is P 200,000 * 8 = P 1,600,000.
Galang then invested an additional P 75,000 on September 1, which is a total of 4 months until the end of the year. So, the investment for this period is P 75,000 * 4 = P 300,000.
Therefore, the total investment by Galang for the year is P 1,600,000 + P 300,000 = P 1,900,000.
The average capital balance for Galang is P 1,900,000 / 12 = P 158,333.33 (rounded to two decimal places).

Now, we can determine the profit distribution based on the average capital balances of the partners:

Ables' share: (Ables' average capital / Total average capital) * Total profit
= (P 275,000 / (P 275,000 + P 158,333.33)) * P 800,000

Galang's share: (Galang's average capital / Total average capital) * Total profit
= (P 158,333.33 / (P 275,000 + P 158,333.33)) * P 800,000

Calculating:
Ables' share: (P 275,000 / P 433,333.33) * P 800,000 = P 506,667.71 (rounded to two decimal places)
Galang's share: (P 158,333.33 / P 433,333.33) * P 800,000 = P 293,332.29 (rounded to two decimal places)

Therefore, Ables should receive P 506,667.71 and Galang should receive P 293,332.29.