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Study the information carefully and answer the questions that follow.
A, B and C started a business by investing Rs. 800, Rs. 1600 and Rs. 2000 respectively. In the second quarter, they invested amounts in the ratio 1 : 4 : 2. In the next quarter again, they invested amounts in the ratio 3 : 2 : 3. In the last quarter, the ratio of their investments were same as in the 2nd quarter. Also, in the last quarter, the respective amounts of A, B and C was double than the respective amounts invested in `2^(nd)` quarter. The total investment of C before `4^(th)` quarter was Rs 1400 more than that of A during the same duration. Also, ratio of B’s share in profit to total profit at the end of year was 66 : 153. Please note: All the investments were for one quarter only.
If the investments of A, B and C in third quarter were changed and were now in the ratio 2 : 4 : 1 (other investments being the same), then what would be the total investment of all three in third quarter, if the average investment of A, B, and C was Rs. 3100 for whole year?

A

Rs. 700

B

Rs. 800

C

Rs. 500

D

Rs. 900

Text Solution

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The correct Answer is:
To solve the problem, we will break it down step by step. ### Step 1: Initial Investments A, B, and C started a business with the following investments: - A = Rs. 800 - B = Rs. 1600 - C = Rs. 2000 ### Step 2: Second Quarter Investments In the second quarter, their investments were in the ratio of 1:4:2. Let the investment amounts be: - A's investment = x - B's investment = 4x - C's investment = 2x The total investment in the second quarter can be expressed as: \[ x + 4x + 2x = 7x \] ### Step 3: Third Quarter Investments In the third quarter, the investments were in the ratio of 3:2:3. Let the investment amounts be: - A's investment = 3y - B's investment = 2y - C's investment = 3y The total investment in the third quarter can be expressed as: \[ 3y + 2y + 3y = 8y \] ### Step 4: Fourth Quarter Investments In the fourth quarter, the investments were the same as in the second quarter but doubled. Therefore, we have: - A's investment = 2x - B's investment = 8x - C's investment = 4x ### Step 5: Total Investment of C and A According to the problem, the total investment of C before the fourth quarter was Rs. 1400 more than that of A during the same duration. Calculating total investments before the fourth quarter: - Total investment of C = Rs. 2000 (1st quarter) + 2x (2nd quarter) + 3y (3rd quarter) - Total investment of A = Rs. 800 (1st quarter) + x (2nd quarter) + 3y (3rd quarter) Setting up the equation: \[ 2000 + 2x + 3y = 800 + x + 3y + 1400 \] This simplifies to: \[ 2000 + 2x = 2200 + x \] Thus, \[ 2x - x = 2200 - 2000 \] \[ x = 200 \] ### Step 6: Calculate Investments Now substituting x back to find the investments: - A's investment in the 2nd quarter = Rs. 200 - B's investment in the 2nd quarter = Rs. 800 - C's investment in the 2nd quarter = Rs. 400 ### Step 7: Total Investment Calculation Now we can calculate the total investments: - Total investment of A = 800 + 200 + 3y + 2(200) = 800 + 200 + 3y + 400 = 1400 + 3y - Total investment of B = 1600 + 800 + 2y + 8(200) = 1600 + 800 + 2y + 1600 = 4000 + 2y - Total investment of C = 2000 + 400 + 3y + 4(200) = 2000 + 400 + 3y + 800 = 3200 + 3y ### Step 8: Average Investment The average investment of A, B, and C for the whole year is given as Rs. 3100. Therefore: \[ \frac{(1400 + 3y) + (4000 + 2y) + (3200 + 3y)}{3} = 3100 \] This simplifies to: \[ 8600 + 8y = 9300 \] Thus, \[ 8y = 9300 - 8600 \] \[ 8y = 700 \] \[ y = 87.5 \] ### Step 9: Total Investment in Third Quarter Now substituting y back to find the total investment in the third quarter: - A's investment = 3y = 3(87.5) = Rs. 262.5 - B's investment = 2y = 2(87.5) = Rs. 175 - C's investment = 3y = 3(87.5) = Rs. 262.5 Total investment in the third quarter: \[ 262.5 + 175 + 262.5 = Rs. 700 \] ### Final Answer The total investment of A, B, and C in the third quarter is Rs. 700.

To solve the problem, we will break it down step by step. ### Step 1: Initial Investments A, B, and C started a business with the following investments: - A = Rs. 800 - B = Rs. 1600 - C = Rs. 2000 ...
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