Question

swathi, Soni and sheetal invested Rs:20,000/-, Rs:15,000/- and Rs:25,000/- respectively to start a boutique. At the end of three months, they made a total profit of Rs: 24,960/-. They shared the profit in the ratio of their investments. How much did each one get?

Answer 1

8320 for swathi
6240 for soni
10400 for sbeetal

Answer 2

The profit sharing ratio is 4 : 3 : 5
Therefore, the amount of money each partner will get as follows

Swathi = 24960×4/12=8320

Soni = 24960×3/12=6240

Sheetal = 24960×5/12=10400