Discuss Forum
1. Business partners A, B and C agree to divide their total profit for the year in the ratio 4 : 7 : 8 respectively. If A's share of the profit is Rs.16000, what was the total profit of the business partners for the year?
- A. Rs.64000
- B. Rs.64000
- C. Rs.64000
- D. Rs.64000
Answer: Option B
Explanation:
Let the total profit be P.
Now, A's share of profit, 4 / (4 + 7 + 8) × P = 16000
or, 4P/19 = 16000
or, P = 16000 × 19 / 4 = 76000 Rs.
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