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1. Sumit and Ravi started a business by investing Rs. 85000 and Rs. 15000 respectively. In what ratio the profit earned after 2 years be divided between Sumit and Ravi respectively.
P : Q = 85000 : 15000 = 17 : 3
Important to note there that if both have invested for different period of times then we had to multiply with number of months to get the desired ratio.
Solution:
Note: If you have clear concept of ratio and proportion chapter then it will really easy for you to solve partnership problems.P : Q = 85000 : 15000 = 17 : 3
Important to note there that if both have invested for different period of times then we had to multiply with number of months to get the desired ratio.