Question
Neha and Pooja opened a business with capital investments of Rs. 2900 and Rs. 2100. At the end of the year, they made a profit of Rs. 8000. What is the difference between their profit shares?
Solution
ATQ,
Ratio of profit of Neha : Pooja = 2900 : 2100 = 29 : 21
Required difference = {(29 – 21) / (29 + 21)} × 8000 = Rs. 1280
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