Two people invested 15000rs and 25000rs respectively to start a business. They decided to share the profits in the ratio of their investments. If their profit is 12000rs, how much does each get
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Total investment = 15000 + 25000= 40000
Investment of 1st person = 15000/40000 = 3/8
Investment of 2nd person = 1− 3/8 = 5/8
Total profit =Rs.12000
Profit of 1st person = 3/8 ×Rs.12000 = Rs.4500
Profit of 2nd person = Rs.12000 − Rs.4500 = Rs.7500
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