Question

In a business M's share of profit is rs 800 more than that of N.find the total profit if they invest RS 10000 and RS 6000 respectively

Answer 1

Answer:

Step-by-step explanation:

Let,total profit=Rs.x

Ratio of investment=10000:6000=10:6=5:3

Assuming both M and N invested for t months we get,ratio of profit=5:3

M's share of profit=x×(5/8)=5x/8

N's share of profit=x×(3/8)=3x/8

According to the question,

(5x/8)-(3x/8)=800

2x/8=800

x/4=800

x=3200

Hence,total profit=Rs.3200