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If the investment of A, B and C are in t...

If the investment of A, B and C are in the ratio of `1//2: 1//3: 1//4`. If the total profit is Rs 15600 for 1 year, then find the highest profit share?

A

A)Rs 3600

B

B)Rs 2400

C

C)Rs 7200

D

D)Rs 4800

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to follow these steps: ### Step 1: Determine the investment ratios The investments of A, B, and C are given in the ratio of \( \frac{1}{2} : \frac{1}{3} : \frac{1}{4} \). ### Step 2: Convert the ratios to a common base To compare these fractions easily, we can find a common denominator. The denominators are 2, 3, and 4. The least common multiple (LCM) of these numbers is 12. - For A: \( \frac{1}{2} = \frac{6}{12} \) - For B: \( \frac{1}{3} = \frac{4}{12} \) - For C: \( \frac{1}{4} = \frac{3}{12} \) So, the investment ratios can be rewritten as: - A : B : C = 6 : 4 : 3 ### Step 3: Calculate the total parts in the ratio Now, we add the parts of the ratio: \[ 6 + 4 + 3 = 13 \] ### Step 4: Determine the value of each part The total profit is Rs. 15,600. To find the value of one part, we divide the total profit by the total number of parts: \[ \text{Value of one part} = \frac{15600}{13} = 1200 \] ### Step 5: Calculate the profit share for each person Now, we can calculate the profit share for A, B, and C: - Profit share of A = \( 6 \times 1200 = 7200 \) - Profit share of B = \( 4 \times 1200 = 4800 \) - Profit share of C = \( 3 \times 1200 = 3600 \) ### Step 6: Identify the highest profit share From the calculated profit shares: - A = 7200 - B = 4800 - C = 3600 The highest profit share is from A, which is Rs. 7200. ### Final Answer: The highest profit share is Rs. 7200. ---
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