Question
A and B entered into a business investing their capital
in the ratio of 16:21, respectively and the respective ratio of time for which they made their investment is 3:2 respectively. Find the total profit earned by A and B together, if profit share of A is Rs. 6000.Solution
Ratio of profit share of A to B = (16 × 3):(21 × 2) = 8:7 Desired Profit = 15/8 × 6000 = Rs. 11250
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