Question
Ravi invested Rs. 18,000 in a business. After 8 months,
Suresh joined with an investment of Rs. 22,000. If the total profit at the end of 2 years is Rs. 40,600, what is Suresh’s share of the profit?Solution
ATQ;
Ratio of profit share of ‘Ravi’ and ‘Suresh’ = [18000 × 24]:[22000 × 16] = 54:44
Profit share of ‘Suresh’ = (44/98) × 40600 = Rs. 18,200
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