Question
A, B and C started a online education website by
investing Rs.24,000, Rs.30,000 and Rs.42,000 respectively. Find the share of A’s, out of an annual profit of Rs.11200.Solution
Ratio of shares of A, B and C = Ratio of their investments = 24000: 30000: 42000 ⇒ 4 : 5 : 7 Therefore, A’s share = Rs {11200 × 4/16} = Rs. 2800
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