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Pawan and Raman started a business by investing Rs. 18000 and Rs. 25200 respectively. What is the share of Pawan in the profit of Rs. 8640 earned at the end of the year?1. Rs. 31002. Rs. 36003. Rs. 27004. Rs. 3250 |
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Answer» Correct Answer - Option 2 : Rs. 3600 Given: Investment of Pawan = Rs 18,000 Investment of Raman = Rs 25,200 Profit earned by both at the end of one year = Rs 8,640 Concept used: Investment × time of investment ≡ Profit Calculation: Ratio of Profit of Pawan and Raman = 18,000 × 1 ∶ 25,200 ∶ 1 = 5 ∶ 7 Let the profit received by Pawan and Raman be 5x and 7x respectively. Total profit, 8640 = 5x + 7x ⇒ 12x = 8640 Or, x = 720 Share of Pawan, 5x = Rs 3,600 ∴ Share of Pawan in the profit is Rs 3,600. |
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