Question

33. Two friends M and N have 40% and 60% share in a business. After some time a third friend joined the business by
investing tk 5 lac and acquired 20% shares in the business. What is the share of M in the business now?
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Answer 1

Answer:

Step-by-step explanation:

Two friends M and N have 40% and 60% shares in a business. After some time a third friend joined the business by investing Tk. 5 lac and acquired 20% shares in the business. What is the share of M in the business now?  

A.    20%

B.    24%

C.    28%

D.    32%

Answer: Option D

Solution(By Myexaminer Team)

 

If 20% is 5 lakh then 100% will be 25 lakh, then the total investment of M and N was = 20 lakh m investment = (40/100 of 20) lakh = 8 lakh m shares = (8/25 x 100) % = 32%