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1. Two partners invested Rs. 125000 and Rs. 85000 respectively in a business. They distribute 60% of the profit equally and decide to distribute the remaining 40% as the interest on their capitals. If one partner received Rs. 3000 more than the other, the total profits is ?
From this part of the profit each gets =
Now, this amount of Rs. has been divided in the ratio of capitals, which is 125000 : 85000 or 25 : 17 as interests
∴ Interest on first capital
Interest on second capital
Total money received by first partner
Total money received by second partner
Solution:
From this part of the profit each gets =
Now, this amount of Rs. has been divided in the ratio of capitals, which is 125000 : 85000 or 25 : 17 as interests
∴ Interest on first capital
Interest on second capital
Total money received by first partner
Total money received by second partner