Anil and biswas invest rs.3000 and rs.4000 respectively in a business. If anil doubles his capital after 6 months, then in what proportion should anil and biswas divide that years profit?
Answers
anil and biswas should divide that years profit in 9:8 proportion
Step-by-step explanation:
Anil and biswas invest rs.3000 and rs.4000 respectively in a business
Biswas investment for 12 months = 4000 * 12 = 48000 Rs
Anil investment for 6 months = 3000 * 6 = 18000 Rs
anil doubles his capital after 6 months
=> Anil investment for next 6 month = 2 * 3000 = Rs 6000
Anil investment for next 6 Months = 6 * 6000 = Rs 36000
Anil investment for 12 months = 18000 + 36000 = Rs 54000
proportion anil and biswas divide that years profit = 54000 : 48000
= 54 : 48
= 9 : 8
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