Multiple choice

Gaurav, Nitesh and Iqbal invested some money in a business in the ratio 14 : 40 : 27. After one year, they revised their shares in the ratio 19 : 55 : 37. What is the change in Iqbal's share?

  1. 10% increase

  2. 10% decrease

  3. 38% increase

  4. None of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Initial ratio 14:40:27. Final ratio 19:55:37. Iqbal's share changed from 27/81 to 37/111. 27/81 = 1/3 = 0.333. 37/111 = 1/3 = 0.333. There is no change in the share proportion.

AI explanation

To find the percentage change in Iqbal's share, divide the difference between the new and old ratios by the old ratio. The change is 37 minus 27, which is 10, and dividing by 27 gives a decimal of approximately 0.37037. Multiplying by 100 shows this is a 37.037 percent increase, which does not match the 38 percent increase option, making none of the provided options correct.

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