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?
Answers
Answered by
3
Answer:
Solution
Ravi' Share: 1 Mark
Rani's Share: 1 Mark
Steps: 2 Marks
Let the share of Ravi and Rani be x and y respectively.
Total Profit = Rs. 40,000
Ratio of investment of Ravi to Rani = 2:3
Total parts of profit = 2+3 =5
x
=
2
5
×
40000
= Rs. 16000
y
=
3
5
×
40000
= Rs. 24000
Share of Ravi in Profit is Rs. 16,000
Share of Rani in Profit is Rs. 24,000
Step-by-step explanation:
Answered by
3
Answer:
Rs 16,000
Step-by-step explanation:
Ratio = 2:3
Let the money invested be = x
As per the ratio, money invested by Ravi = 2x
money invested by Rani = 3x
Total Profit = Rs 40,000
As per the question, our equation will be-
2x + 3x = 40,000
5x = 40,000
x = 40,000/5
x = 8000
Ravi's Profit = 2x = 2 × 8000 = 16,000
Rani's Profit = 3x = 3 × 8000 = 24,000
Hope this helps!
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