Question

Mahesh and Arjun started a business and invested money in the ratio 2:3. After one year, the total profit was ₹60,000. What is Arjun’s sharein profit?

Answer 1

Arjun’s ratio of the profit is ₹36,000

Explanation:

Here, we want to calculate Arjun’s share of the profit

Arjun had the ratio of 3

The total ratio is 2 + 3 = 5

So we have Arjun’s ratio as;

3/5 * 60,000

= 3 * 12,000 = 36,000