The total cost of business is 1,87,500
We are given the ratio of shares of two men. So, let the share of first person be 2x and share of second person be 3x.
It is also stated that smaller share is 75000. Out of the two shares, 2x is the smaller one. So, relating the two statements -
2x = 75000
x = 75000 ÷ 2
Performing division
x = 37500
So, finding the larger share now -
Larger share = 3x
Larger share = 3×37500
Performing multiplication
Larger share = 112500
Total cost of business = Smaller share + Larger share
Total cost of business = 75000 + 112500
Total cost of business = 1,87,500
Hence, the total cost of business is 1,87,500.
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