ram entered into a partnership a 5 months ago.the ratio of profits claimed by ram and shyam is 7:16.shyam started busines with 1175 RS 11 months ago .what is ram investment
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let the investment of Ram was=X Rs
now....
Shyam started business with 1175 rs 11 months ago .
and Ram entered with an amount X 5 months ago. so
so still they have to run their investment for more 1 month to complete the year.
now to get the profit in 1 month they should be invested.
in the ratio =(5+1)x:(11+1)1175
=6x:14100
now according to the problem the profit ratio
=7:16
and we know that the profit ratio is equal to the investment ratio.
therefore.
therefore the investment of Ram was
=1128.125 Rs
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