Question
Ramesh and Suresh started a partnership with investments of
Rs. 3200 and Rs. 2800. If they earn a profit of Rs. 12,600 at the end of the year, what is the difference in their profit shares?Solution
ATQ,
Ratio of profit of Ramesh : Suresh = 3200 : 2800 = 16 : 14 = 8 : 7
Required difference = {(8 – 7)/ (8 + 7)} × 12600 = Rs. 840
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