Question 64

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?

Solution

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

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