1.

X and Y put in Rs. 3,000 and Rs. 4,000 respectively into a business. X reinvests into the business his share of the first year’s profit and the total profit Rs. 2,240 whereas Y does not reinvest. The total profit of the first-year is Rs. 2,240. In what ratio should they share the second year’s profit?

A. 55 : 99
B. 99 : 100
C. 97 : 100
D. 91 : 99
E. None of these
Answer» C. 97 : 100


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