Investing a sum of rupees 2000, mohanlal opened a toy shop and chandulal joined him 2 months later investing a capital of rupees 3000, they earned a profit of rupees 3600 at the end of the year . what is the difference between the profit earned by chandulal and mohanlal
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Answered by
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Answer:
Step-by-step explanation:
First the ratio of profit sharing needs to be calculated
Mohanlal : chandulal
2000 for 12 months: 3000 for 10 months
2000*12 : 3000*10
24000 : 30000
12 : 15
Total profit rs 3600
Need to calculate difference in profit I.e. diff in ration which is (15-12) taken from ratio calculated
= 3600*3/27 ( 27 is sum of ratio I.e. 12+15)
=400
Correct ans is rs 400 /-
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