Jayant opened a shop investing rs.30,000. Madhu joined him 2 months later, investing rs.45,000. They earned a profit of rs.54,000 after completion of one year. What will be madhu's share of profit?
Answers
Answered by
2
Answer:
Rs. 30000
Step-by-step explanation:
Jayant : Madhu =30000 xx 12 : 45000 xx 10
`= 4 : 5
Madhu's share = Rs. (54000 xx 5/9)
= Rs. 30000.
Answered by
7
Answer:
Madhu's share = Rs. 30000
Step-by-step explanation:
Investment made by Jayant at the time of opening of shop = Rs. 30000
Investment made by Madhu after 2 months of initial time = Rs 45000
So, to find the profit share of Madhu , we first find the ratio of their investments
⇒ Jayant invested for 12 months and Madhu invested for 10 months
⇒ Jayant : Madhu = 30000 × 12 : 45000 × 10
⇒ Jayant : Madhu = 360000 : 450000
⇒ Jayant : Madhu = 4 : 5
Sum of ratios = 9
Now, Profit earned = Rs. 54000
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