Ram and Rahim invested in a business in the ratio of 3:7. In the first year,they made a profit of 26,000.In the following year,the profit increased by 12%. Calculate the profit
Rahim receives in these 2 years.
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Profit=₹26,000
Increased Profit of 2nd year=12/100×26000
=₹3120+26000= 29120
Increased Profit of 3rd year=(12+12)% 144%
=144/100×26000
₹37440+26000= 63440
Total Profit of two year=63440+29120=92560
Ram:Rahim= 3:7
Sum of the terms=3+7=10
Rahim got=7/10×92560=₹64792
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