Question

Raju and Joseph started a business together investing 60000 rupees together. When the profit for a month was divided, Raju got 1400 rupees and Joseph got 1000 rupees. How much did each invest to start the business?

Answer 1

Profit earned by Raju = Rs.1400

Profit earned by Joseph = Rs.1000

Ratio of profit earned by Raju to profit earned by Joseph =

Total amount invested by Raju and Joseph = Rs.60000

Amount invested by Raju = = Rs.35000

Amount invested by Joseph = = Rs.25000