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Rakesh started a business by investing Rs. 70000. 8 months later Vinod also joined him with Rs. 180000. Total profit, in what ratio should be divided between them ?

Asked Sep 07, 2023 Modified Sep 07, 2023 Viewed 0 times
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Mathematics
asked Sep 07, 2023 at 09:12
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Academy
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Ratio between the investment of Rakesh and Vinod = (70000 x 12) : (180000 x 4) = 840000 : 720000 = 7 : 6 Hence, profit sharing ratio = 7 : 6.
answered Sep 07, 2023 at 09:12
A
Academy

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