Question
‘X’ and ‘Y’ invested Rs. 6000 and Rs. 7500
respectively for 10 months and 8 months respectively in a business. X gave away 60% of his profit to a welfare fund and was left with Rs. 2160. Find the total profit earned by both.Solution
ATQ,
Profit ratio of X and Y = 6000 × 10 : 7500 × 8 = 60000 : 60000 = 1 : 1
X’s actual profit = 2160 / 0.40 = Rs. 5400
Total profit = 5400 × 2 = Rs. 10800
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