Ravi, Anand and Pranay are running a business firm in partnership. What is Anand's share in the profit earned by them? a. Ravi, Anand and Pranay invested the amounts in the ratio of 2 : 4 : 7. b. Pranay's share in the profit is Rs. 8750.
Ravi, Anand and Pranay are running a business firm in partnership. What is Anand's share in the profit earned by them? a. Ravi, Anand and Pranay invested the amounts in the ratio of 2 : 4 : 7. b. Pranay's share in the profit is Rs. 8750. Correct Answer Both a and b sufficient
Given Pranay's profit in the share is Rs. 8750
But given that their investments are in the ratio 2:4:7
713×P = 8750
P = 16250
Now Anand's share = 413×16250 = Rs.5000
Thus both staements a and b are sufficient to answer this question.
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Feb 20, 2025