Home
Class 14
MATHS
X and Y stared a business with capitals ...

X and Y stared a business with capitals `₹20000` and `₹ 25000`. After feq months Z joined them with a capital of `₹30000`. If the share of Z in the annual profit of `₹50000` is `₹14000`, then after how many months from the beginning did Z join ?

A

7

B

6

C

3

D

5

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we need to analyze the contributions of X, Y, and Z to the business and how their investments relate to the profit distribution. ### Step-by-Step Solution: 1. **Identify the Capitals Invested:** - X's capital = ₹20,000 - Y's capital = ₹25,000 - Z's capital = ₹30,000 2. **Determine the Total Profit:** - Total annual profit = ₹50,000 - Z's share of the profit = ₹14,000 3. **Calculate the Ratio of Shares:** - Let the time that Z worked in months be \( x \). - X and Y worked for 12 months. - The effective capital contribution for each partner can be calculated as: - X's contribution = ₹20,000 * 12 months = ₹240,000 - Y's contribution = ₹25,000 * 12 months = ₹300,000 - Z's contribution = ₹30,000 * \( x \) months = ₹30,000x 4. **Set Up the Equation Based on Profit Sharing:** - The total effective capital contributions = X's contribution + Y's contribution + Z's contribution - Total contribution = ₹240,000 + ₹300,000 + ₹30,000x = ₹540,000 + ₹30,000x - The ratio of the contributions is used to determine the share of profit: - Z's share of profit = (Z's contribution / Total contribution) * Total profit - Thus, we have: \[ 14,000 = \left(\frac{30,000x}{540,000 + 30,000x}\right) \times 50,000 \] 5. **Simplify the Equation:** - Cross-multiplying gives: \[ 14,000(540,000 + 30,000x) = 50,000 \times 30,000x \] - Expanding both sides: \[ 7,560,000,000 + 420,000x = 1,500,000x \] 6. **Rearranging the Equation:** - Bringing all terms involving \( x \) to one side: \[ 7,560,000,000 = 1,500,000x - 420,000x \] - This simplifies to: \[ 7,560,000,000 = 1,080,000x \] 7. **Solving for \( x \):** - Dividing both sides by 1,080,000: \[ x = \frac{7,560,000,000}{1,080,000} = 7 \] - Therefore, Z worked for 7 months. 8. **Determine When Z Joined:** - Since Z worked for 7 months and X and Y worked for the entire 12 months: - Z joined after \( 12 - 7 = 5 \) months from the start. ### Final Answer: Z joined the business after **5 months** from the beginning.

To solve the problem step by step, we need to analyze the contributions of X, Y, and Z to the business and how their investments relate to the profit distribution. ### Step-by-Step Solution: 1. **Identify the Capitals Invested:** - X's capital = ₹20,000 - Y's capital = ₹25,000 - Z's capital = ₹30,000 ...
Promotional Banner

Topper's Solved these Questions

  • PROFIT AND LOSS

    IBPS & SBI PREVIOUS YEAR PAPER|Exercise MCQS|69 Videos
  • SERIES

    IBPS & SBI PREVIOUS YEAR PAPER|Exercise MCQs|280 Videos
IBPS & SBI PREVIOUS YEAR PAPER-RATIO AND PROPORTION & MIXTURE ALLIGATION -MCQ
  1. In a pot, the ratio of milk and water is 4:1. In water pot, the ratio ...

    Text Solution

    |

  2. P,Q and R enter into partnership. P advances one-fourth of the capital...

    Text Solution

    |

  3. How much quantity if rice of the price 18 rupees per kg should be mixe...

    Text Solution

    |

  4. Sum of the present ages of P,Q,R and S is 76 years. After 7 years rati...

    Text Solution

    |

  5. A mixture of milk and water in a jar contains 28 L milk and 8 L water....

    Text Solution

    |

  6. The ten's digit of a three digit number is 3. If the hundredth and uni...

    Text Solution

    |

  7. P,Q and R invested in a business in the ratio 6:8:9. If Q invested for...

    Text Solution

    |

  8. The respective ratio between Pawan's present age and Rohit's present a...

    Text Solution

    |

  9. Three type of Rice mxied together. Their volumes are in the proportion...

    Text Solution

    |

  10. X,Y and Z invested ₹ 14000 in total in a business. X invested ₹3120 mo...

    Text Solution

    |

  11. A mixture contains milk and honey in the ratio 7:1. On adding 6 litre ...

    Text Solution

    |

  12. A mixture of milk and water contains 55% milk and remaining water. How...

    Text Solution

    |

  13. In a vessel, there are two types of liquids A and B in the ratio of 4:...

    Text Solution

    |

  14. The ratio between present ages of Ritu and Priya is 3:5. After 6 years...

    Text Solution

    |

  15. X and Y stared a business with capitals ₹20000 and ₹ 25000. After feq ...

    Text Solution

    |

  16. The concentration of Alcohol in 60L water and Alcohol solution is 30%....

    Text Solution

    |

  17. Ratio between speed of yatch in still water to speed of stream is 8:1....

    Text Solution

    |

  18. A tub has 300 litre alcohol and 60 litres of water, if litres of mixt...

    Text Solution

    |

  19. From cylinder A containing 108 litre of mixture of water and alcohol i...

    Text Solution

    |

  20. Ram and Shyam entered in a business by making investment of ₹ 4000 & ...

    Text Solution

    |