Parvati and Pari invest in a business in the ratio 7 : 15. If total profit is Rs. 1166, then what is difference between the profit (inRs.) of Parvati and Pari?
Given:
Investment ratio of Parvati and Pari = 7 : 15
Total profit = Rs. 1166
Concept Used:
Profit sharing is proportional to the investment ratio.
Solution:
Total parts in the ratio: 7 + 15 = 22
Parvati's share of the profit: 1166 = Rs. 371
Pari's share of the profit: 1166 = Rs. 795
Difference between their profit shares: 795 - 371 = Rs. 424
Therefore, the difference between the profits of Parvati and Pari is Rs. 424.
Option (a) is right.
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