Home
Class 14
MATHS
A and B enter into partnership investing...

A and B enter into partnership investing Rs. 48,000 and Rs. 60,000 respectively. After 3 months, A withdraws Rs. 8,000 while B invests Rs. 6,000 after 6 months of starting of business. Out of the total amount of profit, if A gets Rs. 12,000 as his share at the end of the year total profit is :

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we need to calculate the effective capital contribution of both A and B over the year and then determine the total profit based on A's share of the profit. ### Step 1: Calculate the effective capital contribution of A - A's initial investment: Rs. 48,000 for the first 3 months. - After 3 months, A withdraws Rs. 8,000, leaving him with Rs. 40,000 for the next 9 months. **Calculation:** - Contribution for the first 3 months: \[ 48,000 \times 3 = 144,000 \] - Contribution for the next 9 months: \[ 40,000 \times 9 = 360,000 \] - Total contribution of A: \[ 144,000 + 360,000 = 504,000 \] ### Step 2: Calculate the effective capital contribution of B - B's initial investment: Rs. 60,000 for the first 6 months. - After 6 months, B invests an additional Rs. 6,000, making his total investment Rs. 66,000 for the next 6 months. **Calculation:** - Contribution for the first 6 months: \[ 60,000 \times 6 = 360,000 \] - Contribution for the next 6 months: \[ 66,000 \times 6 = 396,000 \] - Total contribution of B: \[ 360,000 + 396,000 = 756,000 \] ### Step 3: Determine the ratio of contributions Now we have the total contributions: - A's total contribution: Rs. 504,000 - B's total contribution: Rs. 756,000 **Ratio of contributions:** \[ \text{Ratio of A to B} = \frac{504,000}{756,000} = \frac{2}{3} \] ### Step 4: Calculate the total profit based on A's share We know that A's share of the profit is Rs. 12,000. Since the ratio of their shares is 2:3, we can find B's share. **Calculation of B's share:** - A's share corresponds to 2 parts, and B's share corresponds to 3 parts. - Total parts = 2 + 3 = 5 parts. - Value of each part: \[ \text{Value of 1 part} = \frac{12,000}{2} = 6,000 \] - B's share: \[ \text{B's share} = 3 \times 6,000 = 18,000 \] ### Step 5: Calculate the total profit Total profit can be calculated by adding A's and B's shares: \[ \text{Total profit} = A's share + B's share = 12,000 + 18,000 = 30,000 \] ### Final Answer The total profit at the end of the year is **Rs. 30,000**. ---
Promotional Banner

Topper's Solved these Questions

  • NUMBER SYSTEM

    ADVANCED MATHS BY ABHINAY MATHS ENGLISH|Exercise MULTIPLE CHOICE QUESTIONS |225 Videos
  • PERCENTAGE

    ADVANCED MATHS BY ABHINAY MATHS ENGLISH|Exercise Questions|110 Videos

Similar Questions

Explore conceptually related problems

A invests Rs. 12,000 for X months while B invests Rs. 16,000 for 9 months in a scheme. The profit share of B is Rs. 12,000 out of total profit Rs. 21,000. Then find the value of X?

A, B, C started a shop by investing Rs. 27.000, Rs. 81,000 and Rs. 72,000 respectively. At the end of one year, B's share of total profit was Rs. 36,000. What was the total profit?

A and B start a partnership with Rs. 1,500 and Rs. 2,000. After 4 month C also joins the business with Rs. 2,250. If B withdraw his capital after 9 months then find the share of profit of B in a total profit of Rs. 900.

A started a business with Rs.10000 after 6 months B joins with Rs.12000. At the end of the year total profit is Rs.96000. Find the share of A in the profit.

A and B started a business by investing Rs20000 and Rs 25000, respectively. After 4 months B left and C joined by investing Rs15000. At the end of the year, there was a profit of Rs 23000. What is Cs share ?

ADVANCED MATHS BY ABHINAY MATHS ENGLISH-PARTNERSHIP-Questions
  1. Mr. A opened a workshop investing 40,000. He invested additional amoun...

    Text Solution

    |

  2. If Raj was one-third as old as Rahim 5 years back and Raj is 17 years ...

    Text Solution

    |

  3. A, B and C are three partners in a business. A, whose money has been u...

    Text Solution

    |

  4. A, B and C are three partners in a business. The profit share of A is ...

    Text Solution

    |

  5. The Average age of 12 men is decreased by one year when two of them ha...

    Text Solution

    |

  6. A and B enter into partnership investing Rs. 48,000 and Rs. 60,000 res...

    Text Solution

    |

  7. A is three times as old as B. C was twice-as old as A four years ago. ...

    Text Solution

    |

  8. A and B started a business by investing Rs. 36000 and Rs. 45000 respec...

    Text Solution

    |

  9. If two times of the daughter’s age in years is included to the mother’...

    Text Solution

    |

  10. A and B started a business in part nership by investing Rs. 10,000 and...

    Text Solution

    |

  11. The average age of A and B, 2 years ago was 26. If the age of A, 5 yea...

    Text Solution

    |

  12. Ten years ago, Kumar was thrice as old as Sailesh was but 10 years hen...

    Text Solution

    |

  13. Sita and Gita enter into a partnership. Sita contributes Rs 5,000 whil...

    Text Solution

    |

  14. B is a sleeping partner and A working. A puts in Rs 5,000 and B puts i...

    Text Solution

    |

  15. A and B enter into partnership. A supplies whole of the capital amount...

    Text Solution

    |

  16. The ages of Anushka, Kajal and Charu latha together are 57 years. Bhar...

    Text Solution

    |

  17. A woman says, "If you reverse my own age, the figures represent my hus...

    Text Solution

    |

  18. A and B invest Rs 60,000 and Rs 80,000 in a business. A receives Rs 10...

    Text Solution

    |

  19. A and B enter into a partnership. A puts in the whole capital of Rs 45...

    Text Solution

    |

  20. The average of the ages of Sumit, Krishna and Rishabh is 43 years and ...

    Text Solution

    |