The following graph represents the profit percentage earned by 2 companies A and B on their investment. [Hint: Revenue = Investment + Profit] In which year, the investment is minimum for company B?
A, B and C start a business in partnership in which A invests Rs. 5000, B invests Rs. 6000 and C invests Rs. 7000 for the same amount of time. Total profit earned by this business is Rs. 72,000. However, 50% of the total profit earned is saved by the company. The other 50% is split in between A, B and C in ratios of their capital. What is the profit share of A? [2 Marks]
A, B and C start a business in partnership in which A invests Rs. 5000, B invests Rs. 6000 and C invests Rs. 7000 for the same amount of time. Total profit earned by this business is Rs. 72,000. However, 50% of the total profit earned is saved by the company. The other 50% is split in between A, B and C in ratios of their capital.
A gets Rs. 10,000 from the profit distributed among the three. Is this statement false?