Question
Saurabh and Gurmeet started a business investing Rs.
80,000 and Rs. 50,000 respectively. In what ratio the profit earned after 2 years be divided between Saurabh and Gurmeet respectively?ÂSolution
Since, Saurabh and Gurmeet invested their amounts for the same time period i.e., 2 years.
So, profit will be divided in the ratio of their investments.
Investment of Saurabh = Rs. 80,000
Investment of Gurmeet = Rs. 50,000
Required ratio = 80,000 : 50,000 = 8 : 5
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