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Business Partners, A, B and C agree to divide their total profit for the year in the ration 1 : 2 : 2 respectively. If B's share of the profits is Tk. 27,200, what was the total profit of the business partners for the year?

Business Partners, A, B and C agree to divide their total profit for the year in the ration 1 : 2 : 2 respectively. If B's share of the profits is Tk. 27,200, what was the total profit of the business partners for the year? Correct Answer Tk. 68,000

Sum of share ratios = 1 + 2 + 2 = 5 Ratio 2 ≡ 27000 TK So, ratio 5 (total profit) ≡ 27200×5/2 = 68000 TK

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