Question
Ankit and Bhupesh invested a
certain amount for 5 months and 7 months respectively. The ratio of the profits earned by Ankit to those earned by Bhupesh is 20:21. If their combined investment totals Rs. 14,000, determine the amount invested by Ankit.Solution
ATQ,
Ratio of the investment of Ankit and Bhupesh = 20/5:21/7 = 4:3 Therefore, sum invested by Ankit = 14000 × 4/7 = Rs. 8000
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