Question
Ravi and Suman invested Rs. 6000 and Rs. 9000 respectively
in a business. Ravi kept his investment for 10 months, while Suman kept it for 8 months. If Ravi’s share of the profit is Rs. 2500, find the total profit made by both.Solution
ATQ,
Ratio of profit shares of Ravi and Suman = (6000 × 10):(9000 × 8) = 60000:72000 = 5:6
So, profit share of Suman = 2500 × (6/5) = Rs. 3000
And so, total profit of Ravi and Suman = 2500 + 3000 = Rs.5500
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