Nitin and Mukesh started a business and invested rupees 2000 rupees 2500 respectively. after 4 months Mukesh left and Rakesh joined by investing Rupees 1500 at the end of the year there was a profit of rupees 460 What is the share of Rakesh?
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Answer:
Rs 10.
Step-by-step explanation:
total investment for an year= 2000x12 + 2500x4 + 1500x8
=46000
total profit = 460
it means 1% per year
rakesh invest for 8 months = 2/3 year
then rakesh profit = 1500 x 1 x 2
100 x 3
= 10 Rs
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