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Suresh, Dinesh and Ramesh became partners in a business by investing money in the ratio of 3 : 6 : 8. If their investments is increased by 5%, 15% and 20%, respectively, then what will be the ratio of their profits for one year?
7:46:64
19:46:64
21:46:64
35:46:64
- The initial investment ratio of Suresh, Dinesh, and Ramesh is 3:6:8.
- The increase in investments is 5% for Suresh, 15% for Dinesh, and 20% for Ramesh.
- The updated investments are calculated as follows:
- Suresh: 3 * 1.05 = 3.15
- Dinesh: 6 * 1.15 = 6.9
- Ramesh: 8 * 1.20 = 9.6
- New profit ratio is based on the updated investments: 3.15 : 6.9 : 9.6.
- To simplify, multiply each by 20 (to clear decimals):
- Suresh: 3.15 * 20 = 63
- Dinesh: 6.9 * 20 = 138
- Ramesh: 9.6 * 20 = 192
- Calculating the simplest form of 63:138:192 gives us the ratio 21:46:64.
- Therefore, the correct option is Option 3: 21:46:64.
.
By: Parvesh Mehta ProfileResourcesReport error
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