Discussion

Explanation:

Initial investment by ABC = 1,00,000

Let the total number of students be x.

Net profit from a student = 2000 – 400 = Rs. 1600

Net profit from ‘x’ students = 1600x

This will be divided between ABC and XYZ in the ratio of 60 : 40 i.e., 3 : 2.

∴ ABC will receive 1600x × 3/5

Hence, 1600x × 3/5 ≥ 1,00,000

⇒ x ≥ 104.2

∴ Minimum number of students should be 105.

Hence, option (c).

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