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Question 67
A, B and C invest ₹14000, ₹18000 and ₹24000 respectively to start a business. If the profit at the end of the year is ₹25480, then what is total share of A and B?
Solution
Ratio of profits = Ratio of investments = 14000 : 18000 : 24000 = 7 : 9 : 12
Let the profit of A, B and C be Rs.7x, Rs.9x, Rs.12x respectively.
Total profit = 7x+9x+12x = Rs.28x
Given, 28x = 25480
Therefore, Profit of A and B together = Rs.7x+9x = Rs.16x = $$\dfrac{16\times25840}{28} = Rs.14560$$
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