A, B & C started a business and invested in the ratio 7:6:5. Next Year, they increased their investment by 25%, 20% and 15%, respectively. In what ratio should profit earned only during 2ndyear be distributed?
Correct Answer: 175:144:115
Explanation:
Let A’s investment be= 7a
Let B’s investment be= 6a
Let C’s investment be= 5a
Their investment in 2ndyear:= (125% of 7a): (120% of 6a) : (115% of 5a) = 175 : 144 : 115