MCQOPTIONS
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| 1. |
JK and his business partner JP started a joint venture company with initial investment in the ratio of 7 : 2. The company earned equal income for the first and second year and the profit is divided equally between them every year. To equalise the initial investment JP had to pay his entire share of income for the 1st year and half his share of income in the 2nd year. Find the ratio of initial investment to total income. |
| A. | 17 : 20 |
| B. | 20 :37 |
| C. | 40 : 17 |
| D. | 27 : 20 |
| E. | None of these |
| Answer» F. | |