Ali and ajayan setup a shop together. Ali invested 5000 rupees and ajayan 3000 rupees. they divided the profit for a month in the ratio of their investments and Ali got 2000 rupees. how much did ajayan get? what is the total profit
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Answered by
10
2000/5=400 400×3=1200 ajayan got 1200rupees
total profit is 2000+1200=3200
total profit is 2000+1200=3200
Answered by
7
Ajayan's profit is Rs. 1200 and Total profit is Rs. 3200.
- Ali and ajayan setup a shop and invested Rs. 5000 and Rs. 3000 respectively.
- Ratio in which they invested money in the shop is 5:3.
- Now they received a profit on the shop and Ali got a profit of Rs. 2000.
- The profit was divided in the ratio in which they invested money.
- Therefore , Ali's profit will be 5x and ajayan's profit will be 3x.
- Total profit earned will be 8x.
- Now, Ali's profit is Rs. 2000
5x =2000
x = 400
- Now ajayan's profit is 3x = 3×400 = Rs. 1200.
- Total profit is 8x = 8×400 = Rs. 3200.
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