Since, lsquo;Arsquo; and lsquo;Brsquo; invested their sums for equal period, therefore, ratio of the profit received by lsquo;Arsquo; and lsquo;Brsquo; will be equal to the ratio of sum invested by them i.e. 8:5, respectively Let the total profit received by them be Rs. 100x Therefore, profit distributed between lsquo;Arsquo; and lsquo;Brsquo; = 0.91 times; 100x = Rs. 81x Profit received by lsquo;Arsquo; = 91x times; (8/14) = Rs. 56x According to the question, 56x = 1232 Or, x = 22 Therefore, total profit received by lsquo;Arsquo; and lsquo;Brsquo; = 100x = Rs. 2200
Which of the following statements is/are correct about the city of Shanghai as a global financial center?
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