Question
Ramesh and Suresh invested Rs. 2400 and Rs. 1800 in a
business. At the end of the year, the profit was Rs. 8400. What is the difference in their share of profit?Solution
ATQ,
Ratio of profit of Ramesh : Suresh = 2400 : 1800 = 4 : 3
Required difference = {(4 – 3) / (4 + 3)} × 8400 = Rs. 1200
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