Question
Two friends, Ramesh and Suresh, invested Rs. 42,000 and Rs. 39,000 in a venture. After 3 months, Mahesh joined them with an investment of Rs. 36,000. If the total profit at year-end was Rs. 18,000, what was Mahesh’s share?
Solution
ATQ,
Ratio = (42000 × 12) : (39000 × 12) : (36000 × 9)
= 504000 : 468000 : 324000
= 14 : 13 : 9
Total = 36 parts
Mahesh’s share = 18000 × (9 / 36) = Rs. 4,500
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