Question
'U' and 'V' jointly start a business by investing a
total of Rs. 64,000, with their investments in the ratio of 9:5, respectively. They each invested their amounts for 16 months and 18 months, respectively. What is the percentage of the total profit that belongs to 'V'?Solution
Let the amount invested by 'U' and 'V' be Rs. 9x and Rs. 5x, respectively. Ratio of profit shares of 'U' and 'V', respectively: = (9x X 16) :(5x X 18) = 8:5 Therefore, required percent = [5 ÷ (5 + 8) ] X 100 = 38(6/13)%
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