Anil, Bobby, and Chintu jointly invest in a business and agree to share the overall profit in proportion to th

Question

Anil, Bobby, and Chintu jointly invest in a business and agree to share the overall profit in proportion to their investments. Anil’s share of investment is 70%. His share of profit decreases by ₹ 420 if the overall profit goes down from 18% to 15%. Chintu’s share of profit increases by ₹ 80 if the overall profit goes up from 15% to 17%. The amount, in INR, invested by Bobby is

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Accepted Answer

2000. Let the amount invested by Anil Bobby and Chintu be x, y, and z. Considering x+y+z = 100*p. Given Anil's share was 70 percent = 70*p. As per the information provided : His share of profit decreases by ₹ 420 if the overall profit goes down from 18% to 15%. Since the profits are distributed in the rat