Ajay and Sujit entered a business deal and decided that Sujit will get 40% of
the profit and Ajay will get 30% of the remaining profit. If total profit in
year 2015 was 2 lakhs, Ajay's profit is
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Sujiths prifur = 2,00,000 x 40 /100 = 80,000
Remaining profit = 2,00,000 - 80,000 = 1,20,000
Ajays profit = 1,20,000 x 30/100 = 36,000
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