In a partnership business, the total profit of A and B is . If the capital of A is and his profit share is , find the capital invested by B.
- A
- B
- C
- D
Solution & Step-by-step Explanation
Total profit =
Profit earned by A =
Hence, profit earned by B =
The ratio of profits is equal to the ratio of their initial capitals:
Solving for the capital of B:
Profit earned by A =
Hence, profit earned by B =
The ratio of profits is equal to the ratio of their initial capitals:
Solving for the capital of B: