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?
PLEASE ANSWER IN STATEMENTS
Answers
Answered by
7
Answer:
2x+3x = 40000
5x = 40000
x = 40000/5
x = 8000
Share of Ravi
2x
2*8000
16000 Ans
Answered by
6
Answer:
The profits of Ravi and Rani' are 16000 and 24000 respectively.
Step-by-step explanation:
It is given that Ravi and Rani started a business and invested money in the ratio 2/3
Ratio of the investments 2:3
It is given that they share the profit in the ratio of the investments.
Let the profits of Ravi and Rani are 2x and 3x respectively.
Total profit was rupees 40000.
2x + 3x - 40000
5x= 40000
Divide both sides by 5.
x= 40000/5.
x=8000.
The value of x is 8000
Ravi's profit = 2x- 2(8000) = 16000
Rani's profit = 3x = 3(8000) = 24000
Therefore, the profits of Ravi and Rani are 16000 and 24000 respectively.
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