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A, B and C invest to start a restaurant....

A, B and C invest to start a restaurant. The total investment was Rs 3 lakhs. B invested Rs 50,000 more than A and C invested Rs 25,000 less than B. If the profit at the end of the year was Rs 14,400 then what is C's share of the profit (in Rs)?

A

3600

B

4800

C

6000

D

7200

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step-by-step, we will first denote the investments of A, B, and C and then set up equations based on the information given. ### Step 1: Define the Variables Let: - A's investment = \( x \) - B's investment = \( x + 50,000 \) (since B invested Rs. 50,000 more than A) - C's investment = \( (x + 50,000) - 25,000 = x + 25,000 \) (since C invested Rs. 25,000 less than B) ### Step 2: Set Up the Total Investment Equation According to the problem, the total investment is Rs. 3,00,000. Therefore, we can write the equation: \[ x + (x + 50,000) + (x + 25,000) = 3,00,000 \] ### Step 3: Simplify the Equation Combine like terms: \[ x + x + 50,000 + x + 25,000 = 3,00,000 \] This simplifies to: \[ 3x + 75,000 = 3,00,000 \] ### Step 4: Solve for \( x \) Subtract 75,000 from both sides: \[ 3x = 3,00,000 - 75,000 \] \[ 3x = 2,25,000 \] Now, divide by 3: \[ x = \frac{2,25,000}{3} = 75,000 \] ### Step 5: Calculate Individual Investments Now that we have \( x \): - A's investment = \( x = 75,000 \) - B's investment = \( x + 50,000 = 75,000 + 50,000 = 1,25,000 \) - C's investment = \( x + 25,000 = 75,000 + 25,000 = 1,00,000 \) ### Step 6: Determine the Profit Sharing Ratio The profit is shared in the ratio of their investments: - A's investment = 75,000 - B's investment = 1,25,000 - C's investment = 1,00,000 The ratio of their investments is: \[ 75,000 : 1,25,000 : 1,00,000 \] To simplify this ratio, we can divide each term by 25,000: \[ 3 : 5 : 4 \] ### Step 7: Calculate the Total Parts in the Ratio The total parts in the ratio = \( 3 + 5 + 4 = 12 \) ### Step 8: Calculate C's Share of the Profit The total profit is Rs. 14,400. To find C's share: - C's share in the profit = \( \frac{4}{12} \times 14,400 \) Calculating this: \[ C's \, share = \frac{4}{12} \times 14,400 = \frac{1}{3} \times 14,400 = 4,800 \] ### Final Answer C's share of the profit is Rs. 4,800. ---
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