Rajan and Sajan started a business initially with ₹ 14200 and ₹ 15600, respectively. If total profits at the end of year is ₹ 74500, what is the Rajan's share in the profit?
Correct Answer: ₹ 35500
Explanation:
Ratio of profits of Rajan and Sajan = Ratio of their investments
=14200 : 15600 = 142 : 156 = 71 : 78 ∴ Rajan's share = [71/(71 + 78)] x 74500
= (71/149) x 74500
= ₹ 35500