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      Question

      Meera and Tara started a boutique by investing Rs. 3250

      and Rs. 2750, respectively. If the annual profit is Rs. 9600, find the difference between their profit shares.
      A Rs.1450 Correct Answer Incorrect Answer
      B Rs.1160 Correct Answer Incorrect Answer
      C Rs.800 Correct Answer Incorrect Answer
      D Rs.1200 Correct Answer Incorrect Answer

      Solution

      ATQ,

      Ratio of profit of Meera : Tara = 3250 : 2750 = 13 : 11

      Required difference = {(13 – 11) / (13 + 11)} Γ— 9600 = Rs. 800

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