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.
Explanation:
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.
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By: Amit Kumar