Priya, Deepak, and Simran invest Rs. 1,370, Rs. 1,500, and Rs. 1,230, respectively, to start a business. If the profit at the end of the year is Rs. 1,010, then what is the share of Simran in the profit?
Given:
Priya’s investment = Rs. 1370
Deepak’s investment = Rs. 1500
Simran’s investment = Rs. 1230
Total profit = Rs. 1010
Find Simran’s share.
Formula Used:
Profit is divided in the ratio of investments
Solution:
Total investment:
= 1370 + 1500 + 1230 = 4100
Simran’s share:
=
=
= Rs. 303
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