Two sisters, Taiwo and Keyinde, own a store. The ratio of Taiwo’s share to Kehinde’s is 11:9. Later, Keyinde sells (frac{2}{3}) of her share to Taiwo for N720.00. Find the value of the store.
-
A.
N1,080.00 -
B.
N2,400.00 -
C.
N3,000.00 -
D.
N3,600.00
Correct Answer: Option B
Explanation
Let value of store = X
Ratio of Taiwo’s share to kehine’s is 11:9 Keyinde sells (frac{2}{3}) of her share to Taiwo for N720
(frac{2}{3}) of 9 = 6
∴ Sum of the ratio = 11 + 9 = 20
{frac{6}{20}) of x = N720
(frac{6x}{20}) = 720
∴ x = (frac{720 times 20}{6})
x = N24,000