A B and C form a company. A invests half the amount of C expecting a return of 10%, B invests three-fourths of C, expecting a return of 15% on it. C invests Rs 3000 and the profit is 25%. How much would B's share of profit be more than A's share if B gets an additional 8% for managing the business.?(assume that their expectations with respect to returns on capital are met before profit is divided in the ratio of capitals invested) ?
a. 20% b.15% c.18% d. cannot be determined
@mathmath333 I found a book archived by Google in which this problem appears. It is a prep book for the CAT. The problems in Chapter 6 on Profits and Loss are in sections LOD I, II, and III. Moving on, I found what may be a hint for the problem and then second statement about this problem, I think. For what it is worth, I am posting the two items here. I hope they are related to this problem and are of some help to you.
thank u
You are welcome.
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