Ram invests a sum of 8 lacs in two different businesses partly. In first business, he receives a profit of 3.5 lacs and in second business, he obtains a loss of 16 %. In overall business he obtains a profit of 40 %. The ratio of investments in first and second business is
Let the investments in two businesses are respectively x & y
Then according to given conditions
x + 350000 + y * 0.84 = 1.4 (x + y) (i)
x + y = 800000 (ii)
On solving these two equations , we get x = 612500 and y = 187500