Question
Suresh, Dinesh and Ramesh became partners in a business
by investing money in the ratio of 3 : 6 : 8. If their investments is increased by 5%, 15% and 20%, respectively, then what will be the ratio of their profits for one year?Solution
let the investment ratios can be taken as = 300 : 600 : 800 Then the investiment ratios are incresed by 5%, 15% and 20% 300 + (5/100) = 315 600 + (15/100) = 690 800 + (20/100) = 960 Then the profit ratios will be 315 : 690 : 960 = 63 : 138 : 192 = 21 : 46 : 64
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