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Direction : Read the following table to answer the following questions. Some values are missing in the table. Calculate the values as per given data in questions.
If the total profit in 2014 is Rs 98,000, then find the ratio of the profit of B in 2013 to the profit of A in 2014.
22 : 15
25 : 16
27 : 13
30 : 17
28 : 15
Profit of A + B = (98000 – 42000) = Rs 56000 So (A+15000) : 21000 = 56000 : 42000 Solve A = A’s investment = Rs 13000 So ratio of investments of A : B is 13000 : 15000 = 13 : 15 Divide their profit Rs 56000 in this ratio So A’s profit = 13/28 * 56000 = Rs 26000 So required ratio = 54000 : 26000 = 27 : 13
Hence, option 3 is the correct answer.
By: Amit Kumar ProfileResourcesReport error
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