Mita got Rs 250 as interest investing Rs 500 in 4 years . Sita got Rs 200 as interest investing Rs 400 in 5 years.,Hence sita got better rate of interest.
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For an example
Step-by-step explanation:
Share of profit = Geeta : Shweta : Sita
= 4200 : 8400 : 5400
= 7 : 14 : 9
Sita's share
= 9/(7 + 14 + 9) x 24000
= 9/30 x 24000 = Rs.7200 Remaining amount after investing 32%
= 7200 x (100 - 32)%
= 7200 x 68/100 = Rs.4896
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