Question

Ajit, Bobby and Somu started a firm by investing Rs 10,000 and Rs 7500 and Rs 12,500 respectiva If at the end of one year, the firm earned a profit of Rs 10,000, how should they divide the profit. ​

Answer 1

To divide the profit between Ajit, Bobby, and Somu, we need to calculate their share based on the amount each of them invested. Ajit should receive approximately 3,333.33 Rs, Bobby should receive 2,500 Rs, and Somu should receive approximately 4,166.67 Rs.

Step-by-step explanation:

To divide the profit between Ajit, Bobby, and Somu, we need to calculate their share based on the amount each of them invested. The ratio of their investments is 10,000:7,500:12,500.

First, we need to find the total investment:

Total investment = 10,000 + 7,500 + 12,500 = 30,000

Now, we can calculate each person's share:

• Ajit's share = (10,000/30,000) * 10,000 = 3,333.33 Rs
• Bobby's share = (7,500/30,000) * 10,000 = 2,500 Rs
• Somu's share = (12,500/30,000) * 10,000 = 4,166.67 Rs

Therefore, Ajit should receive approximately 3,333.33 Rs, Bobby should receive 2,500 Rs, and Somu should receive approximately 4,166.67 Rs.