Home
Class 14
MATHS
A starts a business with Rs 2,000 , B jo...

A starts a business with Rs 2,000 , B joins him after 3 months with Rs 3,000 . C puts a sum of Rs 9,000 in the business for 2 months each . At the end of the year the business gave a profit of Rs 4600. How should the profit be divided among them ?

A

1600,1800,1200

B

1400,1200,2000

C

1600,1400,1600

D

1300,1600,1700

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem of how to divide the profit among A, B, and C, we need to calculate the effective capital contribution of each partner based on the time they invested in the business. Here’s a step-by-step breakdown of the solution: ### Step 1: Calculate the effective capital contribution of each partner 1. **A's Contribution:** - A invests Rs 2,000 for 12 months. - Effective contribution = 2000 * 12 = Rs 24,000. 2. **B's Contribution:** - B joins after 3 months, so he invests for 9 months. - B invests Rs 3,000. - Effective contribution = 3000 * 9 = Rs 27,000. 3. **C's Contribution:** - C invests Rs 9,000 for 2 months. - Effective contribution = 9000 * 2 = Rs 18,000. ### Step 2: Calculate the total effective capital contribution Now, we sum up the effective contributions of all partners: - Total effective contribution = A's contribution + B's contribution + C's contribution - Total effective contribution = 24,000 + 27,000 + 18,000 = Rs 69,000. ### Step 3: Calculate the profit-sharing ratio Next, we find the ratio of their effective contributions: - A's share = 24,000 - B's share = 27,000 - C's share = 18,000 To simplify the ratio: - A : B : C = 24,000 : 27,000 : 18,000 - Dividing each term by 3, we get: - A : B : C = 8 : 9 : 6 ### Step 4: Calculate the total parts in the ratio Now, we find the total parts in the ratio: - Total parts = 8 + 9 + 6 = 23 parts. ### Step 5: Calculate the value of each part Given that the total profit is Rs 4,600: - Value of 1 part = Total Profit / Total parts = 4600 / 23 = Rs 200. ### Step 6: Calculate each partner's share of the profit Now we can calculate the profit share for each partner: 1. **A's share:** - A's share = 8 parts = 8 * 200 = Rs 1,600. 2. **B's share:** - B's share = 9 parts = 9 * 200 = Rs 1,800. 3. **C's share:** - C's share = 6 parts = 6 * 200 = Rs 1,200. ### Final Result Thus, the profit should be divided as follows: - A: Rs 1,600 - B: Rs 1,800 - C: Rs 1,200 ---
Promotional Banner

Topper's Solved these Questions

  • RATIO & PROPORTION AND PARTNERSHIP

    ADDA247|Exercise SOLVED EXAMPLES |9 Videos
  • RATIO & PROPORTION AND PARTNERSHIP

    ADDA247|Exercise BASIC QUESTIONS|16 Videos
  • PROFIT AND LOSS

    ADDA247|Exercise Previous Year Questions|30 Videos
  • SIMPLE INTEREST AND COMPOUND INTEREST

    ADDA247|Exercise Previous Year Question|30 Videos
ADDA247-RATIO & PROPORTION AND PARTNERSHIP -PREVIOUS YEAR QUESTIONS
  1. A starts a business with Rs 2,000 , B joins him after 3 months with R...

    Text Solution

    |

  2. A and B entered into a business my making investment of Rs 2400 and 28...

    Text Solution

    |

  3. A & B entered into a business by investing total capital of Rs 17000. ...

    Text Solution

    |

  4. Three partners P, Q and R invested their amounts in ratio 2:5:7 . At t...

    Text Solution

    |

  5. A invests Rs X in business. After four months B joins him with Rs 2X a...

    Text Solution

    |

  6. A invested Rs 4000 and B invested Rs 1000 more than A. After eight mo...

    Text Solution

    |

  7. A & B invested in the Rs X and Rs(X+800) for same period time in a bus...

    Text Solution

    |

  8. A and B invested in the ratio of 3:2 respectively .they both invested ...

    Text Solution

    |

  9. A invested Rs X in a scheme .After 6 months , B joined with Rs 4000 mo...

    Text Solution

    |

  10. Ratio of income of A to that of B is 5:9 .If expenditure of A is 3/8 t...

    Text Solution

    |

  11. A,B & C entered into a partnership business .Amount invested by B is 3...

    Text Solution

    |

  12. Two friends Pinki and Rinki entered into a partnership by investing a...

    Text Solution

    |

  13. The price of a refrigerator and a television set are in the ratio 5 : ...

    Text Solution

    |

  14. A milkman makes 20% profit by selling milk mixed with water at Rs 9 pe...

    Text Solution

    |

  15. 94 Is divided Into two parts in such a way that the fifth part of the ...

    Text Solution

    |

  16. Annual Incomes of Amit and Veer are in the ratio 3 : 2, while the rati...

    Text Solution

    |

  17. The monthly salary of A,B and C is in the ratio of 2:3:5 . If C's sala...

    Text Solution

    |

  18. The income of A B and C are in the ratio 7 : 9 : 12 and their spending...

    Text Solution

    |

  19. Rs . 86700 is divided among A,B and C in such a way that If gets 1 rup...

    Text Solution

    |

  20. If a: b = 2/9 : 1/3, b: c = 2/7 : 5/14 and d : c = 7/10 : 3/5 then a ...

    Text Solution

    |

  21. A man divided his property so that his son's share to his wife's and w...

    Text Solution

    |