Question
Ravi and Rani started a business and invested money in the ratio 2 : 3. After one year the total profit was Rs 40,000. What are the shares of Ravi and Rani in the profit? [4 MARKS]
Answer: Option A
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Ravi' Share: 1 Mark
Rani's Share: 1 Mark
Steps: 2 Marks
Let the share of Ravi and Rani be x and y respectively.
Total Profit = Rs. 40,000
Ratio of investment of Ravi to Rani = 2:3
Total parts of profit = 2+3 =5
x=25×40000 = Rs. 16000
y=35×40000 = Rs. 24000
Share of Ravi in Profit is Rs. 16,000
Share of Rani in Profit is Rs. 24,000
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