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Sum
Raghu, Madhu and Ramu started a business in a partnership by investing ₹ 60,000, ₹ 40,000 and ₹ 75,000 respectively. At the end of the year they found that they have incurred a loss of ₹ 24,500. Find that how much loss each one had to bear.
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Solution
Loss will be shared in proportion to the investments
60,000 : 40,000 : 75,000
i.e. 12 : 8 : 15
Now 12 + 8 + 15 = 35
∴ Raghu's loss = `12/35 xx 24500 = ₹ 8400`
∴ Madhu's loss = `8/35 xx 24500 = ₹ 5600`
∴ Ramu's loss = `15/35 xx 24500 = ₹ 10500`
Concept: Ratio, Proportion and Partnership
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