27 Total investment of A and B is Rs 40,000. Their contribution was in the ration 3.7 what abund amount duid each obtained a them invest. They of profit of Rs 16,000, what is the share of each? what share is it
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Answer:
A's share in the profit is Rs.4800 and B's share in the profit is Rs.11200
Step-by-step explanation:
Total investment of A and B = Rs. 40,000
Ratio of contribution of A and B are 3 :7
Let contribution of A and B are 3x and 7x
Sum of their contribution = 3x + 7x =10x
Amount of profit = Rs. 16,000
Share of A's in profit = (A's contribution /total contribution ) × profit
=( 3x / 10x) × 16000
= 3 × 1600 = Rs. 4,800
Share of B's in profit= ( B's contribution / total contribution) × profit
= (7x /10x)× 16000
= 7× 1600 = Rs.11,200
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