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Udayraj Yadav

· started a discussion

· 1 Months ago

Pls give full explanation

Question:

Two partners invested Rs. 50,000 and Rs. 70,000 respectively in a business and agreed that 70% of profit should be divided equally between them and the remaining profit in the ratio of investment. If one partner gets Rs. 90 more than the other, then the total profit made in the business is:

Options:
A) Rs. 1700
B) Rs. 1800
C) Rs. 1900
D) Rs. 2000
Solution:
Ans: (b)

Let the total profit be Rs. x

Given that, \(\frac{5}{12}\) (30% of x) + 90 = \(\frac{7}{12}\) (30% of x)

Solving above we get x = 1800

 

Knowledge Expert

· commented

· 1 Months ago

Dear Student,
It has been provided, also watch video solution for live explanation.
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