A, B and C three friends started the business in which A invested for 4 months,...
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A, B and C three friends started the business in which A invested for 4 months, B initially didn't invest and started as working partner, while C invested for 6 months. They decided to donate 9% of total profit and to give 21% of total profit to B as salary. Find the ratio of their profit shares if A and C invested in the ratio of 3 : 2 and B also invested an amount which is 80% of total amount invested by A and C together for a single month. (a) 31:30:31 (b) 30:31:30 (c) 31:31:30 (d) 1:1:1 (e) none of these A, B and C three friends started the business in which A invested for 4 months, B initially didn't invest and started as working partner, while C invested for 6 months. They decided to donate 9% of total profit and to give 21% of total profit to B as salary. Find the ratio of their profit shares if A and C invested in the ratio of 3 : 2 and B also invested an amount which is 80% of total amount invested by A and C together for a single month. (a) 31:30:31 (b) 30:31:30 (c) 31:31:30 (d) 1:1:1 (e) none of these
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Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
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