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Calculate b profit

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Question - Three friends, A, B, and C, start a business with investments in the ratio of 4 : 1 : 5, respectively. A invested $11,700, and all three of them agree to share profits in the ratio of their investments. (Question relates to Mathematics of Business and Finance)

a. Calculate C's investment.

b. If A's profit was $16,000 in the first year, calculate B's profit.

Reference no: EM132932884

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