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    Question

    Hina and Rina start a business together with a combined

    investment of Rs. 75,000, maintaining an investment ratio of 12:13, respectively. After 5 months, Hina exits the business, and Riya joins Rina by contributing Rs. 48,000. At the end of one year from the start, what is the percentage difference between the profit received by Riya and that received by Hina?
    A 86.67% more Correct Answer Incorrect Answer
    B 66.67% less Correct Answer Incorrect Answer
    C 32.67% more Correct Answer Incorrect Answer
    D 86.67% less Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The initial investment of Hina = 75000 X (12/25) = Rs. 36,000

    Initial investment of Rina = 75000 - 36,000 = Rs. 39,000

    So, respective ratio of profit shares of Hina, Rina and Riya

    = (36000 X 5) :(39,000 X 12) :(48,000 X 7)

    = 15:39:28

    Required percentage = {(28 - 15) /15} X 100 = 86.67% more

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