Amit and Sumit invested a total of ₹1,00,000 in a business in the portion 3:2 respectively. What did each of them invested?
Answers
Answered by
0
Answer:
Total capital invested in the business=₹1,00,000
Amit's capital=₹1,00,000×3/5=₹60,000
Sumit's capital=₹1,00,000×2/5=₹40,000
Hope it helps you.
Answered by
5
Answer:
Ratio of investment of two partners = 12500/8500 =25/17
As the time period of investment is same the ratio of profit is same as ratio of investment.
Hence, P1:P2 = 25:17
Let P1 be 25x and P2 be 17x.
25x−17x=300
X = 300/8 = 37.5
Total profit ×0.4 =25x+17x
Total profit = 42×37.5/0.4 = 3937.50
Similar questions