If ramu and rahim invests ₹30000 each ramu invests 10 months and rahim invested 12 months then they got ₹11000 profit then the
a) share of ramu is ₹5000
b) share of rahim is ₹7000
c) share of ramu is ₹6000
d) share of rahim is ₹5000
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Answer:
share of ramu is 5000
per month the interest on investment is 500
therefore ramu share is 5000 and Rahim share is 6000
5000+6000=11000 is the profit
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