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A, B and C enter into a partnership with...

A, B and C enter into a partnership with capitals in the ratio `2/3 : 3/5 : 5/6`. After 8 month, A increases his share of capital by 25%.If at the end of the year, the total profit earned is ₹5,820, then the share of C in the profit is:

A

₹2,250

B

₹2,350

C

₹2,050

D

₹2,450

Text Solution

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To solve the problem step by step, we will follow the given information and perform calculations accordingly. ### Step 1: Determine the ratio of capitals The capitals of A, B, and C are given in the ratio \( \frac{2}{3} : \frac{3}{5} : \frac{5}{6} \). To simplify this ratio, we need to find a common denominator for the fractions. The least common multiple (LCM) of the denominators 3, 5, and 6 is 30. Now, we convert each fraction to have a denominator of 30: - A's capital: \( \frac{2}{3} = \frac{2 \times 10}{3 \times 10} = \frac{20}{30} \) - B's capital: \( \frac{3}{5} = \frac{3 \times 6}{5 \times 6} = \frac{18}{30} \) - C's capital: \( \frac{5}{6} = \frac{5 \times 5}{6 \times 5} = \frac{25}{30} \) So, the ratio of capitals is \( 20 : 18 : 25 \). ### Step 2: Calculate the effective capital contribution of A, B, and C A's capital is invested for 12 months, but for the last 4 months, he increases his capital by 25%. Calculating A's capital for the first 8 months: - A's capital for 8 months: \( 20 \times 8 = 160 \) Calculating A's capital for the last 4 months after the increase: - New capital of A after 25% increase: \[ 20 \times \frac{125}{100} = 25 \] - A's capital for 4 months: \( 25 \times 4 = 100 \) Total contribution of A: \[ 160 + 100 = 260 \] B's capital is invested for the full 12 months: - B's capital for 12 months: \( 18 \times 12 = 216 \) C's capital is also invested for the full 12 months: - C's capital for 12 months: \( 25 \times 12 = 300 \) ### Step 3: Calculate the total capital contributions Now, we have: - A's contribution: 260 - B's contribution: 216 - C's contribution: 300 ### Step 4: Calculate the total profit share ratio The total contributions are: \[ 260 + 216 + 300 = 776 \] Now, we can express the profit-sharing ratio: - A's share: \( 260 \) - B's share: \( 216 \) - C's share: \( 300 \) ### Step 5: Calculate the share of C in the profit The total profit is ₹5,820. To find C's share: \[ \text{C's share} = \left( \frac{C's contribution}{Total contribution} \right) \times Total profit \] \[ \text{C's share} = \left( \frac{300}{776} \right) \times 5820 \] Calculating C's share: \[ \text{C's share} = \frac{300 \times 5820}{776} \] \[ \text{C's share} = \frac{1746000}{776} \approx 2245.16 \] ### Step 6: Rounding to the nearest whole number Since profit shares are typically whole numbers, we round to the nearest integer: C's share is approximately ₹2250. ### Final Answer C's share in the profit is ₹2250. ---
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