Home
Class 14
MATHS
Rushi and Arun are two business partners...

Rushi and Arun are two business partners. They invest their capital in the ratio 7 : 9. After 6 months, a third person Ram joins them with a capital of two third of that of Arun. After a year, profit share of Rushi was Rs. 5600, then find total profit?

A

A) 26,250

B

B) 19,200

C

C) 18,650,

D

D) 15,200

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow these calculations: ### Step 1: Determine the Capital Contributions Let Rushi's capital be \( 7x \) and Arun's capital be \( 9x \). ### Step 2: Calculate Ram's Capital Ram joins after 6 months with a capital of two-thirds of Arun's capital. Therefore, Ram's capital is: \[ \text{Ram's capital} = \frac{2}{3} \times 9x = 6x \] ### Step 3: Determine the Time Period of Investment - Rushi's investment duration: 12 months - Arun's investment duration: 12 months - Ram's investment duration: 6 months ### Step 4: Calculate the Effective Capital Contribution To find the effective capital contribution, we multiply the capital by the time period for which it was invested: - Rushi's effective capital = \( 7x \times 12 = 84x \) - Arun's effective capital = \( 9x \times 12 = 108x \) - Ram's effective capital = \( 6x \times 6 = 36x \) ### Step 5: Calculate the Total Effective Capital Now, we sum up all the effective capital contributions: \[ \text{Total effective capital} = 84x + 108x + 36x = 228x \] ### Step 6: Determine the Profit Sharing Ratio The profit sharing ratio is based on their effective capital contributions: - Rushi's share = \( 84x \) - Arun's share = \( 108x \) - Ram's share = \( 36x \) Thus, the ratio of their shares is: \[ \text{Rushi : Arun : Ram} = 84 : 108 : 36 \] ### Step 7: Simplify the Ratio To simplify the ratio, we can divide each term by 12: \[ \text{Rushi : Arun : Ram} = 7 : 9 : 3 \] ### Step 8: Calculate Total Profit Using Rushi's Share We know that Rushi's profit share is Rs. 5600. Let the total profit be \( P \). The share of Rushi can be expressed as: \[ \frac{7}{19} P = 5600 \] (where \( 19 \) is the sum of the ratio parts: \( 7 + 9 + 3 = 19 \)) ### Step 9: Solve for Total Profit \( P \) To find \( P \), we rearrange the equation: \[ P = 5600 \times \frac{19}{7} \] Calculating this gives: \[ P = 5600 \times 2.7143 \approx 15200 \] ### Final Answer The total profit is Rs. 15200. ---
Promotional Banner

Topper's Solved these Questions

  • CIRCLE

    ADVANCED MATHS BY ABHINAY MATHS ENGLISH|Exercise MUTLIPLE CHOICE QUESTIONS |134 Videos
  • COORDINATE GEOMETRY

    ADVANCED MATHS BY ABHINAY MATHS ENGLISH|Exercise Questions|47 Videos

Similar Questions

Explore conceptually related problems

A and B entered into a partnership with capital in the ratio of 5 : 6. After 6 months, C joined the business with half of the capital than B. If at the end of the year, the share of A in total profit is Rs. 2400, then find the total profit earned by C.

A and B invest their capital in the ratio 3 : 2. If 5% of the total profit is donated and the rest profit is divided in the ratio of capital. A gets Rs. 8,550 as his share of profit then what is the amount of total profit.

A started business with Rs. 600 and B with Rs. 900. After 5 months B left and C joined with capital Rs. 600 less than B. If at the end of year profit of C was Rs 3500, then find the total profit at the end of year.

Amit started a business investing Rs.25000. After 3 months, Vinay joined him with a capital of Rs.30000. At the end of the year, they make a profit of Rs.19000. What will be Amit's share in the profit?

A,B and C enter into a partnership with capitals in the ratio (7)/(2):(4)/(3):(6)/(5) .After 4 months increases his share of capital by 50%. If the end of the year the total profit earned is Rs.2430, find the share of each in the profit.

Ajay started a business investing X 25000.After 3 months, Vijay joined him with a capital of X 30000. At the end of the year, they made a profit of X 38000. What will be the Ajay's share in the profit?

A and B invest in the ratio of 3:5 , respectively.After 6 months, C enters the business with the investement of the capital equal to that of B. What will be the ratio of the profits of A,B and C at the end of year?

A and B invest in a business in the ratio 4 : 5. After 10 months B leaves the business after withdrawing his investment. In the first year the business made a profit of Rs 49,000. What is B's share (in Rs) of this profit?

ADVANCED MATHS BY ABHINAY MATHS ENGLISH-COMPOUND INTEREST -QUESTIONS
  1. If a sum of money compounded annually becomes 1.44 times of itself in ...

    Text Solution

    |

  2. Rs. 8000 invested at compound interest, gives Rs. 1261 as interest aft...

    Text Solution

    |

  3. Rushi and Arun are two business partners. They invest their capital in...

    Text Solution

    |

  4. A sum of money on compound interest amount to Rs. 9680 in 2 years and ...

    Text Solution

    |

  5. Rashi invested Rs. 16000 for two years at compound interest and receiv...

    Text Solution

    |

  6. A sum of Rs. 2400 amount to Rs. 2646 in 2 years. Find the rate of comp...

    Text Solution

    |

  7. In how many years Rs. 3000 amount to Rs. 5184 at 20% per annum compoun...

    Text Solution

    |

  8. In how many years will Rs. 2,000 amounts to Rs. 2,420 at 10% per annum...

    Text Solution

    |

  9. In what time will Rs. 1000 amount to Rs. 1331 at 20% per annum, compou...

    Text Solution

    |

  10. In how many years will Rs. 400 amount to Rs. 441 at 5% compound intere...

    Text Solution

    |

  11. In how many years will a sum of Rs. 800 at 10% per annum compounded se...

    Text Solution

    |

  12. A sum of money doubles itself at compound interest in 15 years in how ...

    Text Solution

    |

  13. A sum of money at compound interest amounts thrice of itself in 3 year...

    Text Solution

    |

  14. A sum of money becomes just double at compound interest in 5 years. In...

    Text Solution

    |

  15. A sum borrowed under compound interest doubles itself in 10 years. Whe...

    Text Solution

    |

  16. A sum of money placed at compound interest doubles itself in 6 years. ...

    Text Solution

    |

  17. A sum of money becomes eight times of itself in 3 years at compound in...

    Text Solution

    |

  18. A sum of Rs. 12000 deposited at compound interest becomes double after...

    Text Solution

    |

  19. The difference between compound interest and simple interest on Rs. 25...

    Text Solution

    |

  20. The difference between the simple and compound interest on a certain s...

    Text Solution

    |