Three college graduates Asha, Babita and Cyrus enter into partnership to run an online tea business. After a bumper turnover they divide profits as 80,000, 60,000 and 1 lakh respectively. Which of the following was correct ratio of their investments ?
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → 4 : 3 : 5
Ratio of profits = Ratio of investments
Ratio of profits = 80,000 : 60,000 : 1,00,000
∴ Ratio of investment = 4 : 3 : 5