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A started a business with a capital of R...

A started a business with a capital of Rs 112000. After 2 months , B joined the business with a capital of Rs 80000,and after another 2 months, C joined the business with a capital of Rs 72000. After 10 months from the starts of the business, B withdrew Rs 8000 and C also withdrew Rs 8000. if B received Rs 9800 as his share in the profit at the end of a year, then the total profit was `:`

A

Rs 35800

B

Rs 30800

C

Rs 32400

D

Rs 33600

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we need to calculate the effective capital contribution of each partner (A, B, and C) based on the time they invested in the business. ### Step 1: Calculate the effective capital contribution for each partner. 1. **A's contribution:** - Capital = Rs 112,000 - Time = 12 months - Effective capital = 112,000 * 12 = Rs 1,344,000 2. **B's contribution:** - Capital = Rs 80,000 - Time = 10 months (joined after 2 months) - Effective capital = 80,000 * 10 = Rs 800,000 3. **C's contribution:** - Capital = Rs 72,000 - Time = 6 months (joined after 4 months) - Effective capital = 72,000 * 6 = Rs 432,000 ### Step 2: Calculate the total effective capital. Total effective capital = A's effective capital + B's effective capital + C's effective capital = 1,344,000 + 800,000 + 432,000 = Rs 2,576,000 ### Step 3: Calculate the ratio of their effective capital contributions. The ratio of A : B : C = 1,344,000 : 800,000 : 432,000 To simplify this ratio, we can divide each term by 16,000: - A's share = 1,344,000 / 16,000 = 84 - B's share = 800,000 / 16,000 = 50 - C's share = 432,000 / 16,000 = 27 Thus, the ratio of A : B : C = 84 : 50 : 27. ### Step 4: Calculate the total parts in the ratio. Total parts = 84 + 50 + 27 = 161 parts. ### Step 5: Find B's share in the profit. Given that B received Rs 9,800 as his share of the profit, we can find the total profit using the ratio of B's share to the total parts. B's share = (B's part / Total parts) * Total Profit So, we have: 9,800 = (50 / 161) * Total Profit ### Step 6: Solve for Total Profit. Total Profit = 9,800 * (161 / 50) Calculating this gives: Total Profit = 9,800 * 3.22 = Rs 31,596. ### Final Answer: The total profit at the end of the year is Rs 31,596. ---
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