Sanjeev and Rajeev started a business investing 30,000 and 50,000, respectively. What percentage of the annual profit should be given to each of them?
Answers
Step-by-step explanation:
here, period of investment is same.
so, profit/ loss should be distributed in the ratio of their capital
i.e in the ratio 30000:50000
i.e in the ratio 3:5
Percentage of annual profit given to Sanjeev and Rajeev is 37.5% and 62.5% respectively.
Step-by-step explanation:
Since we have given that
Amount invested by Sanjeev = Rs. 30000
Amount invested by Rajeev = Rs. 50000
So, Ratio of their investments would be
Sanjeev : Rajeev
So, Percentage of annual profit given to Sanjeev would be
Percentage of annual profit given to Rajeev would be
Hence, Percentage of annual profit given to Sanjeev and Rajeev is 37.5% and 62.5% respectively.
# learn more:
Sanjeev started a business by investing Rs 36000. After 3 months Rajeev joined him by investing Rs 36000. Out of the annual profit of Rs 37100, find the share of each
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