Question

A and B started a business with investments in the ratio of 8:9 respectively. If after three year, the profit earned by A is Rs. 1600, then find the total profit earned in the business after 3 year.

A Rs. 3450 Correct Answer Incorrect Answer
B Rs. 3490 Correct Answer Incorrect Answer
C Rs. 3400 Correct Answer Incorrect Answer
D Rs. 3900 Correct Answer Incorrect Answer

Solution

Ratio of profit share of A: B = 8 x 3: 9 x 3 = 8: 9 Total profit in business = (1600/8) × (9 + 8) = Rs. 3400

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