Practicing Success
A, B and C invest in a business in the ratio of 4 : 5: 7. C is a sleeping partner, so his share of profit will be half of what it would have been if he were a working partner. If they make Rs.36,000/- profit of which 25% is reinvested in the business, then find how much does B get (in Rs.). |
7560 8640 9200 10800 |
10800 |
A : B : C
Capital 4 : 5 : 7
Profit 4 : 5 : 7
New profit ratio 4 : 5 : \(\frac{7}{2}\)
8 : 10 : 7
25 % reinvested
Profit to be shared b/w A, B & C = 36000 x \(\frac{75}{100}\) = 27000
B's share = 27000 x \(\frac{10}{25}\) = 10,800 |