Three persons start a business and spend 25,000, and 15,000 and 40,000 respectively. Find the share of each out of a profit of 14,400 in a year
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Thanks for asking this question.
Since three persons spend 25000, 15000, and 40000 money respectively,
Ratio of their investment,R = (25000:15000:40000)
=> R = 5:3:8
Lets suppose 1st person gets profit of 5P,
=> 5P + 3P + 8P = 14400
=> 16P = 14400
=> P = 900
SO PROFIT OF 1ST PERSON=4500
PROFIT OF 2ND PERSON = 2700
PROFIT OF 3RD PERSON = 7209
Hope My Answer Helped.
Thanks for asking this question.
Since three persons spend 25000, 15000, and 40000 money respectively,
Ratio of their investment,R = (25000:15000:40000)
=> R = 5:3:8
Lets suppose 1st person gets profit of 5P,
=> 5P + 3P + 8P = 14400
=> 16P = 14400
=> P = 900
SO PROFIT OF 1ST PERSON=4500
PROFIT OF 2ND PERSON = 2700
PROFIT OF 3RD PERSON = 7209
Hope My Answer Helped.
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