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Question 66
A, B and C invest in a business in the ratio 4 : 5 : 7. C is a sleeping partner, so his share of profits will be half of what it would have been if he were a working partner. If they make Rs 36,000 profit of which 25% is reinvested in the business, how much does B get (in Rs)?
Solution
Now Ratio is 4:5:7
Now as per given the C's share is half of what it should be
so we get ratio as 4:5:3.5=8:10:7
Now The actual profit = 75% of 36000 =27000
Now therefore share of B = $$\frac{10}{25}\times\ 27000=10,800$$
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