SOLUTION: A,B and C enter into partnership with investment in the ratio 5:7:8. if at the end of the year A's shareof profit is 42360. how much is the total profit?
a)1,69,440
b)1,83,00
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Question 694489: A,B and C enter into partnership with investment in the ratio 5:7:8. if at the end of the year A's shareof profit is 42360. how much is the total profit?
a)1,69,440
b)1,83,00
c)1,96,700
Answer by KMST(5328) (Show Source): You can put this solution on YOUR website!
For every invested by A, there was invested by B, and
invested by C,
for a total investment of .
The ratio of total investment to A's investment is ,
meaning that the total money invested in the partnership is times A's investment.
The total profit must be times A's profit, or
NOTE: Those commas in your multiple choice answers puzzle me.
Either they are misplaced or there is a strange use of commas in your country that I have never seen before.
The problem mentioned a profit of , without any commas.
Some countries use a comma to separate the integer part of a number from the decimal part, so they would have at most one comma in a number.
Other countries use a dot to separate the decimal part, but use commas to separate digits in groups of three, so that 10 million dollars and 5 cents would be $10,000,000.05.
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