by making investments in the ratio 5:2:9, respectively. At end of the year, if the difference between the profits received by ‘A’ and ‘C’ is Rs. 1600 then find the profit share of ‘B’.
ARs. 850Correct AnswerIncorrect Answer
BRs. 820Correct AnswerIncorrect Answer
CRs. 800Correct AnswerIncorrect Answer
DRs. 830Correct AnswerIncorrect Answer
ENone of theseCorrect AnswerIncorrect Answer
Solution
According to the question, Ratio of profits received by ‘A’, ‘B’ and ‘C’ = 5:2:9 Therefore, profit share of ‘B’ = 1600 × {2/(9 – 5)} = Rs. 800