A and B start a business. A invests 33\(\frac{1}{3}\)% of the total and B invests the remaining. If the total profit at the end of the year is Rs.16200. Find the share of B.
Answer & explanation
Correct answer: option 1
33 \(\frac{1}{3}\)% = \(\frac{1}{3}\)
A : B
Inv. : 1 : 2
Profit : 1 : 2 = 3R
*If time is same then investment ratio becomes profit ratio*
ATQ,
⇒ 3R = 16200
⇒ 1R = 5400
B's profit = 2R = 2 × 5400 = 10800