Question

ram has taken credit at 1.5 percent at 20000 per month and sham credit of 8 percent at 20000 per annum which is better​

Answer 1

Answer:

Amount received by Shyam (from the total profit) for carrying on the concern = 150×12 =1800

Amount received by Ram (from Shyam) as interest =30000×10/100 = 3000

Let total profit be=2x+1800

Then, Ram and Shyam gets x

as share of the profit.

Ram's total income in the year

=x+3000

B's total income in the year

=x+1800-3000

=x−1200

2(x−1200)=x+3000

⇒2x−2400=x+3000

⇒x=5400

Total yearly profit = 2x+1800

=12,600

Answer 2

Answer:

i think

Ram is better because he has to do no paperwork