Question

Two partners invested 1250 and 850 in business they decided to distribute equally 60 percent of the profit and the remaining as the interest on their capital. If one receives 350 more than other find total profit

Answer 1

Answer:393.75

Step-by-step explanation:

Total investment = 2100

Let profit % be x

So profit = (x/100)× 2100

= 21x

60% distributed equally

So difference is in 40%

40% of 21x=(42x)/5

Ratio is 25:17

So 1250 investor's profit = (25/42)×(42x/5)

=5x

So 850 investor's profit=

(17/42)×(42x/5)

=17x/5

5x-30=17x/5

x=75/4

Profit =21x=21×(75/4)