Ajay, Vijay and Jaya became partners in a business by investing money in the ratio of 3:6:8. If their investments are increased by 12%, 16% and 35% respectively, then what will be the ratio of their profits for one year?
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$13 : 17 : 19$
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$14 : 29 : 45$
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$15 : 31 : 47$
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$17 : 53 : 13$
B
Correct answer
Explanation
Original investment ratio = 3:6:8. After increases: 3(1.12) : 6(1.16) : 8(1.35) = 3.36 : 6.96 : 10.8. Simplify by dividing by 0.24: 14 : 29 : 45. In partnership, profit is distributed in proportion to investment, so the profit ratio equals the final investment ratio. The increases change the original ratio.