Question

Shweta, Piyush and Nachiket together invested 80000 rupees and started a business of selling sheets and towels from Solapur. Shweta's share of the capital was 30000 rupees and Piyush's 12000. At the end of the year they had made a profit of 24%. What was Nachiket's investment and what was his share of the profit
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Answer 1

Answer:

So Shweta, Piyush and Nachiket invested 80,000 rupees and started a business. ∴ Shweta & Piyush's total share is = (30,000+12,000) = 42,000 rupees. ∴ Nachiket's share should be = (80,000-42,000) = 38,000 rupees.