Question
Pawan invested Rs. 1200 for 4
months, Qureshi invested Rs. 1600 for 6 months, and Raju invested Rs. 2000 for 12 months in a business. By what percentage is the profit received by Pawan greater or smaller than that of Raju?Solution
ATQ,
Ratio of the profits received by ‘Pawan’, ‘Qureshi’ and ‘Raju’ = (1200 × 4):(1600 × 6):(2000 × 12) = 1:2:5 Required percentage = {(5 – 1)/5} × 100 = 80%
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