Ravi started the business with an investment of 40000 rupees what will be Raju share in the prophet at the end of the year of out of the total profit of Rupesh 10500 if he joins after 3 months with the same capital
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erinna
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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.
Divide both sides by 5.
The value of x is 8000.
Ravi's profit
Rani's profit
Therefore, the profits of Ravi and Rani are 16000 and 24000 respectively.
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