Question
Anil and Sunil invested in a startup in the ratio 3:4,
respectively. After 6 months, Anil increased his investment by 25%, while Sunil reduced his investment by 50%. If after 18 months, the difference between their shares of profit was Rs. 660, what was the total profit earned?Solution
ATQ,
Let the investments made by Anil and Sunil be Rs. '3x' and Rs. '4x', respectively. Ratio of profit share of Anil and Sunil = (3x × 6 + 3x × 1.25 × 12) : (4x × 6 + 4x × 0.5 × 12) = (18x + 45x) : (24x + 24x) = 63x : 48x = 21 : 16 Difference between their profits = Rs. 660 (given) Total profit earned = {(21 + 16)/(21 - 16)} × 660 = (37 / 5) × 660 = Rs. 4,884
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