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A, B and C started a business by Investi...

A, B and C started a business by Investing Rs. 40500, Rs. 45000 and Rs. 60000 respectively. After 6 months C withdrew Rs. 15000 while A invested Rs. 4500 more. In annual profit of Rs. 56100, the share of C will exceed that of A by

A

Rs. 900

B

Rs. 1100

C

Rs. 3000

D

Rs. 3900

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we need to calculate the profit shares of A, B, and C based on their investments and the time they invested. ### Step 1: Calculate the Capital Contribution of Each Partner - **A's Investment**: Rs. 40,500 for 12 months. - **B's Investment**: Rs. 45,000 for 12 months. - **C's Investment**: Rs. 60,000 for the first 6 months, then Rs. 45,000 for the next 6 months (after withdrawing Rs. 15,000). ### Step 2: Calculate the Effective Capital for Each Partner - **A's Effective Capital**: \[ \text{A's Capital} = 40,500 \times 12 = 486,000 \] - **B's Effective Capital**: \[ \text{B's Capital} = 45,000 \times 12 = 540,000 \] - **C's Effective Capital**: \[ \text{C's Capital} = (60,000 \times 6) + (45,000 \times 6) = 360,000 + 270,000 = 630,000 \] ### Step 3: Calculate the Total Effective Capital \[ \text{Total Capital} = A's Capital + B's Capital + C's Capital = 486,000 + 540,000 + 630,000 = 1,656,000 \] ### Step 4: Calculate the Profit Sharing Ratio - The ratio of their effective capitals is: \[ \text{Ratio} = A : B : C = 486,000 : 540,000 : 630,000 \] To simplify this ratio, we can divide each term by 18,000: - A: \( \frac{486,000}{18,000} = 27 \) - B: \( \frac{540,000}{18,000} = 30 \) - C: \( \frac{630,000}{18,000} = 35 \) Thus, the simplified ratio is: \[ A : B : C = 27 : 30 : 35 \] ### Step 5: Calculate the Total Parts in the Ratio \[ \text{Total Parts} = 27 + 30 + 35 = 92 \] ### Step 6: Calculate Each Partner's Share of the Profit Given the total profit is Rs. 56,100: - **A's Share**: \[ A's Share = \frac{27}{92} \times 56100 = 16,500 \] - **B's Share**: \[ B's Share = \frac{30}{92} \times 56100 = 18,300 \] - **C's Share**: \[ C's Share = \frac{35}{92} \times 56100 = 21,300 \] ### Step 7: Calculate the Difference Between C's and A's Share To find how much C's share exceeds A's share: \[ \text{Difference} = C's Share - A's Share = 21,300 - 16,500 = 4,800 \] ### Final Answer C's share exceeds A's share by Rs. 4,800. ---
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