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
Explanation:
Given Pranay's profit in the share is Rs. 8750
But given that their investments are in the ratio 2:4:7
= 8750
P = 16250
Now Anand's share =
= Rs.5000
Thus both staements a and b are sufficient to answer this question.
