sanjeev and rajeev started a business investing ₹30000 and Rupee 50000 respectivel. What percentage of anual profit should be give

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sanjeev and rajeev started a business investing ₹30000 and Rupee 50000 respectivel. What percentage of anual profit should be given to Each of them ? Solution

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  1. Percentage of annual profit given to Sanjeev and Rajeev is 37.5% and 62.5% respectively.

    Step-by-step explanation:

    Since we have given that

    Amount invested by Sanjeev = Rs. 30000

    Amount invested by Rajeev = Rs. 50000

    So, Ratio of their investments would be

    Sanjeev : Rajeev

    \begin{gathered}30000:50000\\\\=3:5\end{gathered}

    30000:50000

    =3:5

    So, Percentage of annual profit given to Sanjeev would be

    \begin{gathered}\dfrac{3}{8}\times 100\\\\=37.5\%\end{gathered}

    8

    3

    ×100

    =37.5%

    Percentage of annual profit given to Rajeev would be

    \begin{gathered}\dfrac{5}{8}\times 100\\\\=62.5\%\end{gathered}

    8

    5

    ×100

    =62.5%

    Hence, Percentage of annual profit given to Sanjeev and Rajeev is 37.5% and 62.5% respectively.

    # learn more:

    Sanjeev started a business by investing Rs 36000. After 3 months Rajeev joined him by investing Rs 36000. Out of the annual profit of Rs 37100, find the share of each

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