1. A and B started a business investing 25,000 and 10,000 respectively. In what ratio the profit earned after 3 years be divided between A and B respectively?
Solution:
25000:10000
5:2
2. A, B and C enter into a partnership investing 69,000, 12,000 and 57,000 respectively. The share of A in an annual profit of 46,000 is:
Solution:
69000: 12000: 57000
23: 4: 19
By adding 23, 4 and 19 we get 46.
A’s share = (46000*23)/46 = 23,000.
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