Amar, Akbar and Anthony start an IT business together. Amar invests 4 1 of the capital and Anthony invests 5 2 of the capital. The rest was invested by Akbar. If they invested Rs 60,000 altogether then
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Answer:
Given:
Total investment = Rs. 36894
Amar receives Rs 1570
Akbar receives Rs 2355
Anthony receives Rs 2826
Concept used:
Ratio of profit = ratio of investment
Calculation:
Ratio of their profit = 1570 ∶ 2355 ∶ 2826 = 10 ∶ 15 ∶ 18
Ratio of their investment = 10 ∶ 15 ∶ 18
⇒ Investment of Amar = Rs 36894 × 10/(10 + 15 + 18) = Rs 8580
⇒ Investment of Anthony = Rs 36894 × 18/(10 + 15 + 18) = Rs 15444
∴ Difference between the investment of Amar and Anthony = Rs (15444 – 8580) = Rs 6864
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