Question

Total Investment of A and B is rs 40, 000. their contribution was in the ratio 3:7. they obtained the profit of 16, 000. How much profit is obtained by each one

Answer 1

Explanation:

A : B : C  = (40000 x 36) : (80000 x 12 + 40000 x 24) : (120000 x 24 + 40000 x 12)

= 144 : 192 : 336

= 3 : 4 : 7.

Answer 2

Profit will be in the same ratio as investment.

A = 3/(3+7) x 16000 = 4800

B = 16000 - 4800 = 11200