A and B contributed 2700 and 1800 respectively to start a business. They agreed to share the profit in the ratio 7:5 respectivel
y. If the profit made was 900, Calculate B's share of the profit.
1 answer:
Answer:
375
Step-by-step explanation:
let the ratio constant be 'x'
=>Profit ratio for A=7x
=>Profit ratio for B=5x
Profit=900 (Given)
Sum of the ratios=7x+5x=12x
Therefore,
Profit ratio for A=(7/12)x900=7x75=525
Profit ratio for B=(5/12)x900=7x75=375
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