Question

H. Four businessman invested a sum of Rs.

Answer 1

Answer:

The answers are in solutions.

Step-by-step explanation:

• Four businessmen invested a sum of Rs. 250,000 in the ratio of 3:5:7:10 to start a new business.

(i) The amount invested by each businessman is;

1^st businessman invested:

$\frac{3}{25} * 250,000 =$ Rs. 30,000

2^nd businessman invested:

$\frac{5}{25} * 250,000$ = Rs. 50,000

3^rd businessman invested:

$\frac{7}{25} *250,000$ = Rs. 70,000

4^th businessman invested:

$\frac{10}{25} *250,000$ = Rs. 100,000

• If they gained Rs. 50,000

(ii) The profit each one of them got is;

1^st businessman got:

$\frac{3}{25} * 50,000$ = Rs. 6,000

2^nd businessman got:

$\frac{5}{25} *50,000$ = Rs. 10,000

3^rd businessman got:

$\frac{7}{25} *50,000$ = Rs. 14,000

4^th businessman got:

$\frac{10}{25} *50,000$ = Rs. 20,000