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Aakash and Vikash invested Rs (x+2000) a...

Aakash and Vikash invested Rs `(x+2000)` and Rs `(x+3000)` respectively in a partenership . If profit at the end of the year is Rs 28000 and value of Vikash's share is Rs 16000, what is the value of x ? (in Rs)

A

A)1500

B

B)1000

C

C)2000

D

D)500

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow these instructions: ### Step 1: Identify the investments Aakash's investment = \( x + 2000 \) Vikash's investment = \( x + 3000 \) ### Step 2: Set up the profit ratio The total profit at the end of the year is Rs 28000, and Vikash's share of the profit is Rs 16000. Therefore, Aakash's share of the profit can be calculated as: \[ \text{Aakash's share} = 28000 - 16000 = 12000 \] ### Step 3: Determine the ratio of their profits The ratio of Aakash's profit to Vikash's profit is: \[ \text{Aakash's profit} : \text{Vikash's profit} = 12000 : 16000 = 3 : 4 \] ### Step 4: Set up the equation based on the investment ratio The ratio of their investments should also be equal to the ratio of their profits: \[ \frac{x + 2000}{x + 3000} = \frac{3}{4} \] ### Step 5: Cross-multiply to eliminate the fraction Cross-multiplying gives us: \[ 4(x + 2000) = 3(x + 3000) \] ### Step 6: Expand both sides Expanding both sides results in: \[ 4x + 8000 = 3x + 9000 \] ### Step 7: Rearrange the equation to solve for x Now, we can rearrange the equation: \[ 4x - 3x = 9000 - 8000 \] \[ x = 1000 \] ### Conclusion The value of \( x \) is Rs 1000. ---
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