Question

In a business, A invested Rs 25,000 and B invested Rs 24,000. As his salary A got 1/50th of the total profit of Rs 60,000 after which the remaining amount was shared among A and B in the ratio of their shares in profit. Find the difference in the shares of both.

Answer 1

Ratio of shares of A : B is,

$\Rightarrow 25000:24000$

$\Rightarrow 25:24$

Total profit is $60,000$ Rs.

A got $\frac{1}{50}\times 60000=1200$ Rs extra

So remaining profit to be shared between A and B is $60000-1200=58800$ Rs.

So now B got,

$\Rightarrow \frac{24}{24+25}\times 58,800$

$\Rightarrow \frac{24}{49}\times 58,800$

$\Rightarrow 28,800$ Rs.

So A got $=1200+(58800-28000)=31200$ Rs.

So different in shares $=31200-28800=2400$ Rs.