Question
Armaan and Bittu invested Rs.
32,000 and Rs. 20,000, respectively, into a business for 6 months and 8 months, respectively. If the loss is distributed in proportion to their investments, calculate the share of the loss borne by Bittu from a total loss of Rs. 11,220.Solution
ATQ, Ratio of the loss to be bear by ‘Armaan’ to ‘Bittu’ = (32000 × 6):(20000 × 8) = 6:5 Therefore, loss to be bear by ‘Bittu’ = 11220 × 5/11 = Rs. 5100
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