Question
‘A’ and ‘B’ invested Rs. 4800 and Rs. 3200,
respectively in a business, together. After 6 months, ‘A’ withdrew 25% of his initial investment. If the total profit received by them after 1 year and 2 months is Rs.5024, then find the profit received by ‘A’.Solution
Ratio of the profits received by ‘A’ to ‘B’ => {(4800 × 6) + (3600 × 8)}:(3200 × 14) = 9:7 Therefore, profit received by ‘A’ = 5024 × (9/16) = Rs.2826
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International Places ...