Three persons start a business and spend ₹ 25,000, ₹ 15,000 and ₹ 40,000 respectively. Find the share of each out of a profit of ₹ 14,400 in a year.
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Solution
It is given that
Investment of A = ₹ 25000
Investment of B = ₹ 15000
Investment of C = ₹ 40000
Here the ratio between their investment = 25000: 15000: 40000 = 5: 3: 8
So the sum of ratios = 5 + 3 + 8 = 16
Total profit = ₹ 14400
Share of A = 14400/16 × 5 = ₹ 4500
Share of B = 14400/16 × 3 = ₹ 2700
Share of C = 14400/16 × 8 = ₹ 7200