A and B invest in a business in the ratio 3 : 7 and make the profit of Rs.60,000/- in a year. They reinvest 40% of the profit in their business and distribute the remaining profit among themselves. How much will A get?
Answer & explanation
Correct answer: option 3
Total Profit = 60000
Profit distributed = 60% of 60000 = 36000
A : B
Profit : 3 : 7 = 10R
10R = 36000
1R = 3600
A's profit = 3R = 3 x 3600 = 10800