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A, B and C subscribes ₹ 47000 for a busi...

A, B and C subscribes ₹ 47000 for a business. If A subscribes ₹ 7000 more than B and B ₹ 5000 more than C , then out of profit of ₹ 4700, C receives:

A

₹ 1200

B

₹ 4500

C

₹ 1000

D

none of the above

Text Solution

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The correct Answer is:
To solve the problem step by step, we need to determine how much each person (A, B, and C) contributed to the total subscription of ₹47,000, and then calculate how much C receives from the profit of ₹4,700. ### Step 1: Define the contributions Let: - C's contribution = x - B's contribution = x + 5,000 (since B contributes ₹5,000 more than C) - A's contribution = (x + 5,000) + 7,000 = x + 12,000 (since A contributes ₹7,000 more than B) ### Step 2: Set up the equation Now, we can express the total contributions: \[ A + B + C = 47,000 \] Substituting the values we defined: \[ (x + 12,000) + (x + 5,000) + x = 47,000 \] ### Step 3: Simplify the equation Combine like terms: \[ 3x + 17,000 = 47,000 \] ### Step 4: Solve for x Subtract ₹17,000 from both sides: \[ 3x = 47,000 - 17,000 \] \[ 3x = 30,000 \] Now, divide by 3: \[ x = 10,000 \] ### Step 5: Calculate individual contributions Now that we have C's contribution: - C = ₹10,000 - B = x + 5,000 = 10,000 + 5,000 = ₹15,000 - A = x + 12,000 = 10,000 + 12,000 = ₹22,000 ### Step 6: Determine the profit share The total profit is ₹4,700. The ratio of their contributions is: - A : B : C = 22,000 : 15,000 : 10,000 ### Step 7: Calculate the total parts Total parts = 22,000 + 15,000 + 10,000 = 47,000 ### Step 8: Calculate C's share of the profit C's share of the profit can be calculated using the ratio of C's contribution to the total contribution: \[ C's \, share = \left( \frac{C's \, contribution}{Total \, contribution} \right) \times Total \, profit \] \[ C's \, share = \left( \frac{10,000}{47,000} \right) \times 4,700 \] \[ C's \, share = \frac{10,000 \times 4,700}{47,000} \] \[ C's \, share = \frac{47,000,000}{47,000} \] \[ C's \, share = 1,000 \] ### Final Answer C receives ₹1,000 from the profit. ---
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