Question

Raghu and Raghav together invested 144000/- in the ratio 2:3 in a business. After some months they got profit of 20%.What is the profit each of them got?

Answer 1

Answer:

Raghu's profit = 11520 and Raghav's profit = 17280,

Step-by-step explanation:

Total invetment = 144000

Profit = 20% of 144000 = 28800.

This profit is required to be shared between Raghu and Raghav in the ratio of 2:3.

Therefore, Raghu's profit = 28800 * 2 / (2+3) = 11520,

and Raghav's profit = 28800 * 3 / (2+3) = 17280,