Jiya and seema invest rs 16000 and rs 20000 in a business respectively.Given that seema and jiya invested for 5 and 7 months respectively,find the total profit,if seema made a profit of rs 5000
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Given :
Investment by Jiya = 16,000 rs
Investment by Seema = 20,000 rs
Time of Jiya's investment = 5 months
Time of Seema's investment = 7 months
Profit to Seema = 5,000 rs
To find :
Total profit
Solution:
Seema on investing 20,000 rs for 7 months
got 5,000 rs
So for 1 month
She gets = A =
For investing 20,000 rs she gets A money for 1 month
So for investing 1,000 rs she will get =
So Jiya on 16,000 rs will get =
So, for 5 months,
Jiya will get
So, Total profit =
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