Question
โMโ started a business with an investment of Rs.
2900. After 2 months โNโ joins the business with an investment of Rs. 2400. If the total profit earned by them together at the end of the year is Rs. 8330, then find the annual profit share of โNโ?Solution
Ratio of profit share of โMโ and โNโ = (2900 ร 12):(2400 ร 10) = 29:20 Profit share of โBโ = (20/49) ร 8330 = Rs. 3400
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