A and B start a business . A invests 40% of the total and B invests the remaining. If the total profit at the end of the year is Rs.17500, then find the share of B.
Answer & explanation
Correct answer: option 2
40% = \(\frac{2}{5}\)
A : B
Inv. : 2 : 3
Profit : 2 : 3 = 5R
*If time is same then investment ratio becomes profit ratio*
ATQ,
⇒ 5R = 17500
⇒ 1R = 3500
B's profit = 3R = 3 × 3500 = 10500