Question 75

K, L and M invest sum in the ratio of 15 : 20 : 27 respectively. If they earned total profit of ₹ 10230 at the end of year, then what is the difference between share of K and L?

Solution

Ratio of investments = Ratio of profits
Let the profits of K, L and M be Rs.15x, Rs.20x and Rs.27x respectively.
Total profit = Rs.15x+Rs.20x+Rs.27x = Rs.62x
Given, Rs.62x = Rs.10230 => x = Rs.165
Then, The difference between share of K and L = Rs.20x - Rs.15x = Rs.5x = Rs.5*165 = Rs.825


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