Profit and Loss
Sunil's share for managing = 10% of Rs.8,000 = Rs.800. Remaining profit of Rs.7,200 is to be divided in the ratio 12,000 : 20,000, i.e.,
3 : 5 between Sunil and Ravi. Share of Ravi = 5/8 of Rs.7,200 = Rs.4500
Related MCQ Profit and Loss
MOCK TEST SERIES