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A, B and C invest in a business in the r...

A, B and C invest in a business in the ratio 3 : 6 : 5. A and C are working partners. Only B is a sleeping partner hence his share will be 3/4th of what it would have been if he were a working partner. If they make Rs 50,000 profit, half of which is reinvested in the business and the other half is distributed between the partners, then how much does C get (in Rs)?

A

20000

B

6000

C

10000

D

9000

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step-by-step, we will follow these calculations: ### Step 1: Determine the initial investment ratio The investment ratio of A, B, and C is given as 3:6:5. ### Step 2: Calculate the total parts of the investment Total parts = 3 + 6 + 5 = 14 parts. ### Step 3: Calculate B's adjusted share Since B is a sleeping partner, his share will be 3/4 of what it would have been if he were a working partner. - If B were a working partner, his share would be 6 parts. - Hence, B's actual share = (3/4) * 6 = 4.5 parts. ### Step 4: Update the investment ratio Now, the new ratio of A, B, and C becomes: - A = 3 parts - B = 4.5 parts - C = 5 parts ### Step 5: Convert the ratio to whole numbers To eliminate the decimal, we can multiply the entire ratio by 2: - A = 3 * 2 = 6 parts - B = 4.5 * 2 = 9 parts - C = 5 * 2 = 10 parts Thus, the new ratio is 6:9:10. ### Step 6: Calculate the total parts in the new ratio Total parts = 6 + 9 + 10 = 25 parts. ### Step 7: Calculate the total profit to be distributed The total profit made is Rs 50,000. Half of this profit is reinvested, and the other half is distributed: - Amount to be distributed = 50,000 / 2 = Rs 25,000. ### Step 8: Calculate C's share from the distributed profit C's share in the profit distribution can be calculated using the ratio: - C's share = (C's parts / Total parts) * Amount to be distributed - C's share = (10 / 25) * 25,000 = 10,000. ### Final Answer C receives Rs 10,000. ---
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