Raj invested Rs.45000 in a business. After 4 months, Rohan joins him with an investment of Rs.P. If at the end of the year the profit is Rs.65000 and profit share of Raj is Rs.45000. Find the value of P.
Profit ratio of Raj and Rohan = 45000 x 12 : P x 8 = 67500:P According to the question, => 67500/P = 45000/(65000 – 45000) => P = Rs.30000
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