Question
A and B entered into a business investing their capital
in the ratio of 22:21, respectively and the respective ratio of time for which they made their investment is 7:11 respectively. Find the total profit earned by A and B together, if profit share of A is Rs. 2500.Solution
Ratio of profit share of A to B = (22 × 7):(21 × 11) = 2:3 Desired Profit = 5/2 × 2500 = Rs. 6250
More Partnership Questions
In a blockchain network, what are "nodes"?
What is the function of a router?
Which of the following components is used to amplify an analog signal?
How do you print the value of a variable ‘x’ in Python?
Which storage technology provides high-speed, non-volatile data storage but is volatile and temporary in nature?
In Go, what is the purpose of a goroutine?
Default value of boolean variable in an array
Which of the following is a characteristic of a public blockchain?
At which layer of the OSI model do hardware devices like switches primarily operate?
Which method is commonly used for error detection at the Data Link Layer?
