📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      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 7:8 respectively. Find the total profit earned by A and B together, if profit share of A is Rs. 2800.
      A Rs. 7200 Correct Answer Incorrect Answer
      B Rs. 7300 Correct Answer Incorrect Answer
      C Rs. 7000 Correct Answer Incorrect Answer
      D Rs. 7500 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Ratio of profit share of A to B = (16 × 7):(21 × 8) = 2:3 Desired Profit = 5/2 × 2800 = Rs. 7000

      Practice Next

      Relevant for Exams:

      ask-question