Practicing Success
A and B invested in a scheme in the ratio of 2 : 3. If at the end of the year, the total profit was Rs.4500 out of which, A takes Rs.1500 as an active partner. The remaining profit was distributed between them according to investment. Find the share of A. |
2700 3000 1800 2400 |
2700 |
Total profit = 4500 Extra taken by A = 1500 Remaining profit = 4500 - 1500 = 3000 *If time is same then investment ratio becomes profit ratio* A : B Profit: 2 : 3 = 5R ⇒ 5R = 3000 ⇒ 1R = 600 A's Profit = 2R = 2 × 600 = 1200 A' s total profit = 1200 + 1500 = 2700 |