two people invested rs.15000 and rs.25000 respectively to start a business.They decided to share the profits in the ratio of their investments. if there profit is rs.12000'hiw much does each get
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Step-by-step explanation:
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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