Iift 2010 Question 7
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IIFT 2010
Let the total profit be P. Shyam will get 0.2P for managing the business rest 0.8 P will be divided in the ratio of 2:4:3
i.e. shyam will get 0.2P+0.8P 2/9 and Gopal and Madhur will together get 0.8P 7/9
Given that 0.8P* 7/9 - (0.2P+0.8P* 2/9) = 2200
Solving we get P = 9000 therefore profit madhur will get is 0.8 x 9000 x 1/3= 2400
Therefore our answer is option 'B'
