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A,B and C together start a business with...

A,B and C together start a business with a total investment of Rs. 15,000 At the end of the year, the total profit Rs. 3000. What is A's share of profit ?
(i) A's contribution is `(3)/(2)` times that of B.
(ii) B's contribution is twice that of C.
(iii) A's contribution is thrice that of C.

A

(i) and (ii) only

B

(ii) and (iii) only

C

All (i), (ii), and (iii)

D

Any two of the three

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AI Generated Solution

The correct Answer is:
To determine A's share of the profit, we need to analyze the contributions of A, B, and C based on the information provided. ### Step 1: Define the Variables Let: - C's contribution = x - B's contribution = 2x (since B's contribution is twice that of C) - A's contribution = (3/2) * (2x) = 3x (since A's contribution is (3/2) times that of B) ### Step 2: Set Up the Equation for Total Investment The total investment by A, B, and C is given as Rs. 15,000. Therefore, we can write the equation: \[ A + B + C = 15,000 \] Substituting the contributions: \[ 3x + 2x + x = 15,000 \] This simplifies to: \[ 6x = 15,000 \] ### Step 3: Solve for x To find the value of x, divide both sides by 6: \[ x = \frac{15,000}{6} = 2,500 \] ### Step 4: Calculate Individual Contributions Now we can calculate the contributions of A, B, and C: - C's contribution = x = Rs. 2,500 - B's contribution = 2x = Rs. 5,000 - A's contribution = 3x = Rs. 7,500 ### Step 5: Calculate A's Share of Profit The total profit is Rs. 3,000. The profit is distributed in the ratio of their contributions. The total contribution is: \[ A + B + C = 15,000 \] The ratio of A's contribution to the total contribution is: \[ \text{A's share of profit} = \left(\frac{A's \ contribution}{Total \ contribution}\right) \times Total \ profit \] \[ = \left(\frac{7,500}{15,000}\right) \times 3,000 \] \[ = \frac{1}{2} \times 3,000 = 1,500 \] ### Conclusion A's share of the profit is Rs. 1,500. ---
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