Ragu and bala were business partners. If both of them put equal shares in business and
after 6 months, if Ragu puts 20000 of extra money, at the end of the year, they got their
in the ratio 2:1. Find the principal invested by them each.
Answers
Answer:
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Given,
Ragu and Bala invest the same amount in a business for 6 months and later Ragu invests an additional amount of Rs 20000 for the next 6 months.
The profit-sharing of Ragu and Bala at the end of the year is 2: 1.
To Find,
The principal amount invested by Ragu and Bala.
Solution,
Since both Ragu and Bala invested the same amount for the first six months of the year, the profit-sharing for the first six months is 1: 1
Later, as Ragu invested an additional amount of Rs 20000 for the next six months, the profit-sharing became 2: 1
⇒ The share of Ragu is double that of the share of Bala
Thus let us say that the share of the amount invested by Bala =
Thus from the given information, it can be deduced that
Thus
Henceforth, the principal amount invested by Ragu is Rs 30000/- and by Bala is Rs 10000/-.