Total investment = Rs 50000 + Rs 120000 = Rs 170000
Loss incurred = 20%
∴ Total loss = 20% of 170000 = 20/100 × 170000 = Rs 34000
Proportion of investment = 50000 : 120000
= 5 : 12 …. (Dividing by 10000)
Let the loss incurred by Virat be Rs 5x and that by Samrat be Rs 12x.
∴ Virat’s loss = 5x = 5 × 2000 = Rs 10000
Samrat’s loss = 12x = 12 × 2000 = Rs 24000
∴ The loss incurred by Virat and Samrat are Rs 10000 and Rs 24000 respectively.