What will be the profit share of each? If

Two friends started a business by investing Rs.100000 and Rs. 150000 respectively. Find the share of each out of a profit of Rs. 24000

1. 5000 and 10000
2. 9600 and 12000
3. 9600 and 14400
4. 10800 and 12000
Monis Rasool Professor Asked on 24th May 2015 in

Explanation:-

First friend invest in the business = Rs.100000
Second friend invest in business = Rs. 150000

The ratio of the invest money = 100000/150000
= 2:3
Total profit = Rs.24000

First friend’s profit = 2 x 24000/5 = Rs.9600
and second friend’s profit = 3 x 24000/5 = Rs. 14400

Anurag Mishra Professor Answered on 24th May 2015.
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