Mathew invested 30000 rupees and Stephen, 50000 rupees to start a business. In one month they made a profit of 2400 rupees. Mathew took 900 rupees and Stephen took 1500 rupees as their shares of the profit. What is the ratio of their investments? What is the ratio of their shares of the profit? Are the shares proportional to the investments?

Open in App

Solution

Money invested by Mathew = Rs.30000

Money invested by Stephen = Rs.50000

Total profit made in a month = Rs.2400

Share of profit taken by Mathew = Rs.900

Share of profit taken by Stephen = Rs.1500

Ratio of their investments =

Ratio of their profits =

Since the ratio of their profits is equal to the ratio of their investments, the shares are proportional to the investments.

Suggest Corrections

Similar questions

Q. Shail and Neena invested 5000 and 3000 rupees respectively, and started a business. They made a profit of 6400 rupees. What should be Shail's share in the profit?

Q. Shweta, Piyush and Nachiket together invested 80000 rupees and started a business of selling sheets and towels from Solapur. Shweta’s share of the capital was 30000 rupees and Piyush’s 12000. At the end of the year they had made a profit of 24%. What was Nachiket’s investment and what was his share of the profit?

Q. Saritaben, Ayesha and Meenakshi started a business by investing 2400, 5200 and 3400 rupees. They made a profit of 50%. How should they share it? If they reinvest all their profit by adding it to the capital, what will each one’s share be in the following year?

Q. Ravi and Rane and start a business and invested money into the ratio 2:3 after one year the total profit was rupees 40000 What is the share of Ravi in profit

Nazir invested 4000 rupees and Narayanan invested 6000 rupees to set up a partnership. In one year, they got 3000 rupees profit. If they split this in the ratio of their investment, how much would each get?

Join BYJU'S Learning Program