sanjeev and rajeev started a business investing ₹30000 and Rupee 50000 respectivel. What percentage of anual profit should be given to Each of them ? Solution
Answers
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
\begin{gathered}30000:50000\\\\=3:5\end{gathered}
30000:50000
=3:5
So, Percentage of annual profit given to Sanjeev would be
\begin{gathered}\dfrac{3}{8}\times 100\\\\=37.5\%\end{gathered}
8
3
×100
=37.5%
Percentage of annual profit given to Rajeev would be
\begin{gathered}\dfrac{5}{8}\times 100\\\\=62.5\%\end{gathered}
8
5
×100
=62.5%
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