1 point
Anand and Babu invest in a business in
the ratio 4:3. If 2% of the total profit
goes to charity and Anand's share is Rs.
854, what is Babu's share?
O 644.5
O 640.5
O 640
0 648
Answers
Given :- Anand and Babu invest in a business in the ratio 4:3. If 2% of the total profit goes to charity and Anand's share is Rs. 854, what is Babu's share ?
A) 644.5
B) 640.5
C) 640
D) 648
Solution :-
given that, 2% of the the total profit goes to charity , that means rest 98% is distributed among them .
now, we know that,
- Profit ratio = investment ratio .
so,
→ Anand's share in profit = (4/7) of 98% = 56 %
A/q,
→ 56% = 854
→ 1% = (854/56)
→ (3/7) of 98% = (854/56) * 42 = Rs.640.5 (Ans.)
Hence, Babu's share in the profit will be Rs.640.5 .
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