Question discussion

A and B invest in a business in the ratio 3 ∶ 7. The business makes a profit of Rs. 60,000 in 1 year. They decide to distribute the profit…

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A and B invest in a business in the ratio 3 ∶ 7. The business makes a profit of Rs. 60,000 in 1 year. They decide to distribute the profit remaining after reinvesting 40% of the profit. How much will A get (in Rs.)?
  • A25200
  • B15600
  • C10800
  • D20400
Answer not set

Discussion 1

0
CCommunity
Remaining profit after reinvesting 40% = 60000 × 0.6 = Rs. 36000

Since it is to be distributed in the ratio 3 ? 7,

∴ Share of A = (3/10) × 36000 = Rs. 10800