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Mr. A starts a business with an investme...

Mr. A starts a business with an investment of Rs. 28,000. Mr. B joins the business after 5 months, After 2 more months Mr. C joins. If the ratio of their profit after one year is 4:2:3, then find out the investments made by Mr. B and Mr. C in rupees? Options are (a) Rs. 20,000, Rs. 30,000 (b) Rs. 50,000, Rs. 20,000 (c) Rs. 12,000, Rs. 25,200 (d) Rs. 24000, Rs. 50,400.

A

Rs. 20,000, Rs. 30,000

B

Rs. 50,000, Rs. 20,000

C

Rs. 12,000, Rs. 25,200

D

Rs. 24000, Rs. 50,400

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to find the investments made by Mr. B and Mr. C based on the profit-sharing ratio after one year. Let's break it down step by step. ### Step 1: Understand the time of investment - Mr. A invests Rs. 28,000 for 12 months (1 year). - Mr. B joins after 5 months, so he invests for 7 months. - Mr. C joins after 2 more months, which means he joins after 7 months. Therefore, he invests for 5 months. ### Step 2: Set up the profit-sharing ratio The profit-sharing ratio is given as 4:2:3 for Mr. A, Mr. B, and Mr. C respectively. ### Step 3: Calculate the effective capital for each partner The profit is distributed based on the product of capital and time invested. - For Mr. A: \[ \text{Effective Capital of A} = 28000 \times 12 = 336000 \] - For Mr. B (let's denote his investment as \( x \)): \[ \text{Effective Capital of B} = x \times 7 \] - For Mr. C (let's denote his investment as \( y \)): \[ \text{Effective Capital of C} = y \times 5 \] ### Step 4: Set up the equations based on the profit ratio From the profit-sharing ratio, we can write: \[ \frac{336000}{x \times 7} = \frac{4}{2} \quad \text{(for A and B)} \] \[ \frac{336000}{y \times 5} = \frac{4}{3} \quad \text{(for A and C)} \] ### Step 5: Solve for \( x \) (investment of Mr. B) From the first equation: \[ \frac{336000}{x \times 7} = 2 \implies 336000 = 2x \times 7 \implies 336000 = 14x \implies x = \frac{336000}{14} = 24000 \] ### Step 6: Solve for \( y \) (investment of Mr. C) From the second equation: \[ \frac{336000}{y \times 5} = \frac{4}{3} \implies 336000 \times 3 = 4y \times 5 \implies 1008000 = 20y \implies y = \frac{1008000}{20} = 50400 \] ### Final Answer - Investment of Mr. B = Rs. 24,000 - Investment of Mr. C = Rs. 50,400 ### Conclusion Thus, the investments made by Mr. B and Mr. C are Rs. 24,000 and Rs. 50,400 respectively, which corresponds to option (d). ---
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