Amal started a business investing Rs. 20000. Three months later Manoj joined him investing Rs. 30000. If they make a profit of Rs. 6800 at the end of the year, what would be Manoj's share?
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Step-by-step explanation:
Ratio of capital of amal and Manoj
= (investment*time)1: (investment*time)2
= (20000*12) : (30000*9)
Here we take 9 because we only consider time period of investment,
Manoj invest for 9 months
= 48000 : 27000
= 8:9
Manoj Share is = 9/17* 68000 = 4000/- %D
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