P and Q enter into partnership with investment of rs 1400 and rs 1800 respectively. they share half of the profit equaly for running the bussiness and the reamaing profit of the ration of thier investments. If the differences in their shares of profit is rs 47, What is the total profit.
Pls solve it with explanation....
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Total profit would be 752 rupees
Step-by-step explanation:
Given,
The investment of,
P = 1400 rupees
Q = 1800 rupees,
Since, if the time is constant,
Then the profit is directly proportional to the investment,
So, the ratio of share in profit of P and Q = 1400 : 1800
= 7 : 9
Let P's share = 7x, Q's share = 9x,
Total share = 7x + 9x = 16x
Difference in their share = 9x - 7x = 2x
According to the question,
Thus, total share =
Now,
1/2 of total profit =376
⇒ Total profit =
#Learn more:
Alka and swetha invested Rs 1800 and Rs 2400 respectively in small business. They made profit of Rs 1400.they decided to divide the profit between them in ratio of investments. How much each get profit.
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