Raman and Sanjay started a business by investing ₹63000 and ₹42000 respectively. If the total profit at the end of year is ₹9000, then what is the share of Raman?
Raman and Sanjay started a business by investing ₹63000 and ₹42000 respectively.
The ratio of their investments = 63000 : 42000
= 63 : 42
= 3 : 2
If the total profit at the end of the year is ₹9000
Share of Raman = $$9000\times\ \frac{3}{\left(3+2\right)}$$
= $$9000\times\ \frac{3}{5}$$
= $$9000\times0.6$$
= ₹5400
Create a FREE account and get:
