Ratio in which the profit will divide ? 23:15. Let theprofit be P
Now, [(23/38) - (15/38)] x (60/100) x P = 500
P = 3958.34
Let A?s investment be= 7a
Let B?s investment be= 6a
Let C?s investment be= 5a
Their investment in 2ndyear:= (125% of 7a): (120% of 6a) : (115% of 5a) = 175 : 144 : 115
Investment ratio of A, B & C = (4000 ×6+3000×9):(5500 ×6+4000×9):4
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