Question
Raj starts a business with an initial investment of Rs.
15,000. After 6 months, Ravi joins the business by investing Rs. 2,000 more than Raj. After nine months from starting, Raj withdraws 20% from his initial investment. Find the ratio of their profit at the end of 1.5 years.Solution
ATQ, Initial investment of Ravi = 15,000 + 2,000 = Rs. 17,000 Ratio of profit shares of Raj to Ravi at the end of 18 months: = [15,000 X 9 + (15,000 X 0.80) X 9]:[17,000 X 12] = [135,000 + 108,000]:[204,000] = 243,000:204,000 = 81:68
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