Two persons K and L enter into a business by investing their sum in the ratio of 7 : 9. After 7 months, L leaves the business. After eleven month, if total profit is Rs. 2460, what is the profit share of L (in Rs)?

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Accepted Answer

From the given data, K's profit : L's profit = 7x x 11 : 9x x 7 = 11:9 Therefore, L's profit = 9 x 2460/20 = Rs. 1107

Two persons K and L enter into a business by investing their sum in the ratio of 7 : 9. After 7 months, L leaves the business. After eleven month, if total profit is Rs. 2460, what is the profit share of L (in Rs)?

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