Question

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

Answer 1

Answer:

2x+3x = 40000

5x = 40000

x = 40000/5

x = 8000

Share of Ravi

2x

2*8000

16000 Ans

Answer 2

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.