Question
Veena and Sanu started a business with initial
investments of Rs. 6400 and Rs. 8000, respectively. The time periods for which they kept their investments in the business were in the ratio of 5:6. If the combined profit they earned was Rs. 2400, what was Sanu's share of the profit?Solution
Ratio of profit share of Veena and Sanu, respectively = (6400 Ă— 5):(8000 Ă— 6) = 2:3 Profit share of Sanu = 2400 Ă— [3/(2 + 3)] = Rs.1440
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