Question
Pragya and Pankaj started a business investing Rs.70,
000 and Rs. 30,000 respectively. In what ratio the profit earned after 2 years be divided?Solution
Since Pragya and Pankaj invested their money for the same time period, profit will be divided in the ratio of their investments. Investment of Pragya = Rs. 70,000 Investment of Pankaj = Rs. 30,000 Required ratio = 70,000 : 30,000 = 70 : 30 = 7 : 3 Therefore, the profit earned after 2 years will be divided between Pragya and Pankaj in the ratio 7 : 3.
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