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PradeepBabu and Amina bibi started a business by investing rupees 24000 and rupees 30000 respectively at the beginning of a year. after 5 months Pradeep Babu invested rupees 400 more. if the early profit was rupees 27716 lat us write by calculating the share of each of them. |
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Answer» Answer: Pradipbabu’s INITIAL INVESTMENT = ₹24000 for a year = 24000 × 12 = ₹288000 Later, Pradipbabu invested = ₹4000 for 7 months = 4000×7 = ₹28000 So, Pradipbabu’s total investment = ₹288000 + ₹28000 = ₹316000 Aminabibi’s initial investment = ₹30000 for a year = 30000×12 = ₹360000 Ratio of capital invested = 316000 : 360000 = 79:90 Total profit = ₹27716 Hence, their shares of profit in ratio of their capitals are: = ₹12956 = ₹14760 |
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