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October 17 2017
Question Sanjeev started a business by investing Rs. 36000. After 3 months Rajiv joined him by investing Rs. 36000. Out of annual profit of Rs. 37100, find the share of each?
Answer

Ratio of their capitals = 36000*12 : 36000*9 = 4 : 3

Share of Sanjiv = Rs. (37100* 4/7) = Rs. 21200

Share of Rajiv = Rs. (37100* 3/7) = Rs.  15900

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