Rahul and Sumit have invested ₹30,000 and ₹ 20,000, respectively, in a small business. If the business yields a profit of ₹1, 00,000, how much will be their individual share in the profit?
pls do not spam , and give step by step answers
pls do not spam , and give step by step answers
Answers & Comments
Verified answer
Step-by-step explanation:
money invested by rahul= ₹30000
money invested by sumit= ₹20000
total money invested= 20000+30000= ₹50000
profit= ₹100000
so we can see here that money invesed×2=profit
so rahul's share= 30000×2=₹60000
sumit's share= 20000×2= ₹40000
Step-by-step explanation:
money invested by rahul- 30000
money invested by sumit= 20000
total money invested= 20000+30000= ₹50000
profit= 100000
so we can see here that money
invesed×2=profit
so rahul's share= 30000x2=₹60000 sumit's share= 20000x2= ₹40000