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
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
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