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    Question

    Ravi and Raju invest Rs. 40,000 and Rs. 30,000. 70% of

    the profit is distributed equally among them. The remaining profit is distributed according to their investment ratio. The difference between their shares is Rs. 6997.8. Find the total profit and the share of each.
    A 10000,and 63500 Correct Answer Incorrect Answer
    B 85,175,and 78,325 Correct Answer Incorrect Answer
    C 63755, and 95755 Correct Answer Incorrect Answer
    D 67500 and 89650 Correct Answer Incorrect Answer

    Solution

    Ratio of investment = 40,000: 30,000 = 4:3 Let total profit be 100 units. Equal distribution (70%) = Each gets 35 units. Proportional distribution (30%)-   Ravi gets 4/7 x 30 = 17.14 units,   Raju gets 3/7 ×30= 12.86 units. Total shares-   Ravi = 35 + 17.14 = 52.14 units, Raju = 35 + 12.86 = 47.86 units. Difference-   4.28 units = Rs. 6997.8 1 unit = Rs. 1,635 Total profit = 100 units × Rs. 1,635 = Rs. 163,500 Shares: Ravi = 52.14 units × Rs. 1,635 = Rs. 85,175,   Raju = 47.86 units × Rs. 1,635 =Rs. 78,325

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