A B C invest 1600,1800 , and 2300 respectively how should they divide their profit of rs 1938
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Take the three numbers in a ratio: 1600 : 1800 : 2300
Reduce it to lowest terms: 16 : 18 : 23
Add the three: 16+18+23 = 57
Now do it like this: One No of Ratio / Sum of Ratios * Profit
16/57 * 1938 which will come out to be Rs. 544
18/57 * 1938 which will come out to be Rs. 612
23/57 * 1938 which will come out to be Rs. 782
Reduce it to lowest terms: 16 : 18 : 23
Add the three: 16+18+23 = 57
Now do it like this: One No of Ratio / Sum of Ratios * Profit
16/57 * 1938 which will come out to be Rs. 544
18/57 * 1938 which will come out to be Rs. 612
23/57 * 1938 which will come out to be Rs. 782
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