Question 66
A and B invest in a business in the ratio 3 : 7. The business makes a profit of Rs 60,000 in 1 year. They decide to distribute the profit remaining after reinvesting 40% of the profit. How much will A get (in Rs)?
Solution
Profit after reinvestment = $$60000-0.40\times60000=36000\ Rs.$$
So, A will get = $$\left(\frac{3}{10}\times36000\right)\ Rs\ =10800\ Rs.$$
C is correct choice.
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