Question 11
Shaloo started a business by investing Rs. 42000. After 2 month Reena joined her by investing Rs. 35000. Profit at the end of 10 month was Rs.31500 Reena’s share in the profit (in Rs.) is:
Solution
If Reena invested after 2 months, total tenure of her investment = 8 months.
The ratio in which their profits will be divided is: 42000 * 10 : 35000 * 8 = 3:2.
Reena's share in profits = $$\frac{2}{3+2}\times\ 31500=12600.$$
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