Question

Ranjan invests Rs 15,000 and starts a business. After three months, Ajay invests Rs 45,000 and
joins the business. At the end of the year, total profit is Rs 5,850. What is the difference
between Ranjan's and Ajay's share in profit?

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Answer 1

Answer:

Here is ur answer mate

Step-by-step explanation:

Rajan's total investment= Rs. ( 15000×12) = Rs. 180000.

Ajay's total investment= Rs. ( 45000× 9) = Rs. 405000.

Ratio of their investment= 180000: 405000 = 4:1.

We know that ratio of investment is equal to the ratio of profit.

Therefore ratio of profit is 4:1.

Total profit = Rs. 5850.

Rajan share = Rs.( 4× 5850/ 5) = Rs. 4680.

Ajay share = Rs. ( 1× 5850/5) = Rs. 1170.

Difference between Rajan and Ajay profit = Rs. 3510.

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