The ratio of their investments = 13000:20000 = 13:20 Profit share of A for being a working partner = 0.28 × 13000 = Rs. 2310 Profit share of A for his investment = 13/33 × 0.72 × 8250 = Rs. 2340 Total profit of A = Rs. 2340 Compound interest earned by A = 4650{(1 + 0.20)2 – 1} = Rs. 2046
What price should a shopkeeper mark on an article costing him 300 to gain 40% after allowing a discount of 30%?
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