Rajan and Sajan started a business initially with Rs. 14200 and Rs.15600, respectively. If total profits at the end year is Rs.74500, what is Rajan's share in the profit?
Correct Answer: Description for Correct answer:
Ratio of profits = Ratio of investments
Rajan's share : Sajan's share
= 14200 : 15600 = 142 : 156 = 71 : 78
Let Rajan's share = 71x
And Sajan's share = 78x
According to the question,
71x + 78x = 74500
149x = 74500
X = 74500 / 149 = 500
Rajan's share = 71x = 71 X 500 = Rs.35500
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