If Raj and Ramesh invested in the business in the ratio 7:10 respectively then, how much money will Raj get from the profit of Rs 3400?
Answers
Answered by
3
Step-by-step explanation:
RAJ WILL GET =
7/17×3400=1400
Answered by
2
Raj will get Rs 1400 from the Profit of 3400
Given:
- Raj and Ramesh invested in the business in the ratio 7:10 respectively
- Profit = Rs 3400
To Find:
- Share of Raj
Solution:
Step 1:
Assume that Investments of Raj and ramesh are
Rs 7x and Rs 10x
Step 2:
Calculate Total Investment
7x + 10x = 17x
Step 3:
Share of Raj profit will be same as share of investment
Raj Share = 7x/17x
Raj Share = 7/17
Step 4:
Raj profit in 3400
(7/17) 3400
= 7 x 200
= 1400 Rs
Raj will get Rs 1400 from the Profit of 3400
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