Question
Calculate Amit's share of the profit if Amit and Bishnu
invested their capital for 6 months and 7 months, respectively, in a ratio of 6:5, and the total profit they earned is Rs. 71,000.Solution
ATQ, Let investment made by Amit and Bishnu be Rs.6x and Rs.5x, respectively. Ratio of their profits = (6x × 6) : (5x × 7) = 36x:35x = 36:35 Profit earned by Amit = (36/71) × 71000 = Rs.36,000
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