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Krishan distributed 10-acre land to Gopa...

Krishan distributed 10-acre land to Gopal and Ram who paid him the total amoun int eh ratio `2:3`. Gopal invested a further Rs. 2 lakh in the land and planted coconut and lemon tress in the ratio `5:1` on equal areas of land. There were a total of 100 lemon tress. the cost of one coconut was Rs. 5. the crop toolk 7 yr to mature and when the crop was reaped in 1997, the totla revenue generated was 25% of the total amount put in by Gopal and Ram together. The revenue gererated from the coconut and lemon tress was in the ratio `2:3` and it was shared equally by Gopal and ram as the initial amounts spent by them were equal.
What was the amount received by Gopal in 1997 ?

A

Rs 1.5 lac

B

Rs 3.0 lac

C

Rs 6 lac

D

None of these

Text Solution

Verified by Experts

The correct Answer is:
A

According to the given information:
Distribution of the total amount among Gopal and Ram in the ratio `rArr 2:3`
So, Gopal paid = 40% Ram paid = 60%
Let total cost be Rs. X
According to the question.
`(2)/(5) x + 200000=(3x)/(5)" or "(x)/(5)=200000" or "x=200000xx5`
or, x= Rs 10,00,000
So, total amount put in by Gopal and Ram together
= Rs =10,00,000 + Rs 2,00000= Rs 12,00,000
Given : `("Coconut")/("Lemon") = (5)/(1)`
Total number of lemon trees = 100.
So, Total number of coconut trees `=5xx100 =500`
Total revenue generated `= Rs (25)/(100) xx Rs 12` lacs
= Rs 3 lacs.
So, Revenue from coconut trees `=Rs (3)/(5) xx3` lacs.
Revenue from lemon trees `= Rs (2)/(5) xx3` lacs.
By analysing the above information, it is clear that Amount received by Gopal in 1997
`=("Total revenue generated")/(2) =(3 lacs)/(2) =1.5` lacs.
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