Two investors, A and B, invest in the Business in the ratio of 4:5. If the share of B is Rs 1000 in profit. Find the total profit.
Show answer & explanation
Correct answer: B
Explanation
Given:
A : B's investment ratio = 4 : 5
B's profit = ₹1000
A : B = 4 : 5
B = 5 parts = ₹1000
1 part = ₹200
Total parts = 4 + 5 = 9
Total profit = 9 × 200 = ₹1800