Ravi and Rani started a business and invested money in the ratio 2 : 3. After one year the total profit was Rs 40,000. What is the share of Ravi in profit?
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Answer:
Step-1
The sum of the ratios = 2+3=5
Step-2
Rani's share { 2/5X40000 } =16000
Ravi's share {2/5X40000 } = 24000
Therefore the share of Ravi is RS. 16000 and the share of Rani is 24000.
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