Pradipbabu and Aminabibi Started a business
by investing 24000 and 30000 respectively
at the begining of a year. After 5 months
Pradiphabu invested the capital of 4000
more. If the yearly profit was 27716, let
us write by calculating the share of
each of them.
Answers
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Answer: Pradipbabu’s initial investment = ₹24000 for a year
= 24000 × 12
= ₹288000
Later, Pradipbabu invested = ₹4000 for 7 months
= 4000×7
= ₹28000
So, Pradipbabu’s total investment = ₹288000 + ₹28000
= ₹316000
Aminabibi’s initial investment = ₹30000 for a year
= 30000×12
= ₹360000
Ratio of capital invested = 316000 : 360000
Ratio of capital invested = 316000 : 360000
= 79:90
Total profit = ₹27716
Hence, their shares of profit in ratio of their capitals are:
pradipbabus share= ₹12956
aminabibis share = ₹14760
hope it helps!!!!!!!!!!!!!!!!!!!
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