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Raman and Sanjay started a business by i...

Raman and Sanjay started a business by investing ₹ 63000 and ₹ 42000 respectively. If the total profit at the end of year is ₹ 9000, then what is the share of Raman ?

A

₹ 5400

B

₹ 4500

C

₹ 4200

D

₹ 3600

Text Solution

AI Generated Solution

The correct Answer is:
To find Raman's share of the profit, we can follow these steps: ### Step 1: Determine the investments of Raman and Sanjay. - Raman's investment = ₹63,000 - Sanjay's investment = ₹42,000 ### Step 2: Calculate the ratio of their investments. - The ratio of Raman's investment to Sanjay's investment = 63000:42000 - Simplifying this ratio: - Divide both sides by 21000: - \( \frac{63000}{21000} : \frac{42000}{21000} = 3:2 \) ### Step 3: Calculate the total parts in the ratio. - Total parts = 3 (Raman) + 2 (Sanjay) = 5 parts ### Step 4: Determine the total profit. - Total profit = ₹9,000 ### Step 5: Calculate the value of one part. - Value of one part = Total profit / Total parts - Value of one part = ₹9,000 / 5 = ₹1,800 ### Step 6: Calculate Raman's share of the profit. - Raman's share = 3 parts - Raman's share = 3 × Value of one part = 3 × ₹1,800 = ₹5,400 ### Conclusion: - Raman's share of the profit is ₹5,400. ---
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