Question

Two partners ivested 125000 and 85000 respectively in a business. They agreed to share 60% of the profit equally and the remaining profit as interest on their respective capitals. If one partner gets 300 rs more than the other partner, the profit on the business is

Answer 1

The difference counts only due to 40% of the profit which was distributed according to their investments.

Let total profit = x.

40% of x is distributed in the ratio,

125000 : 85000 = 25 :17

Share of first partner = 40% of x (2525+17)

= 40% of 25x42=40100×17x42=17x105

Now, according to the question

5x21−17x105=600

= > x(25−17)105=600

= > x = 600×1058=Rs.7875

Answer 2

Answer:

Step-by-step explanation:

Hope this helps