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A and B entered into a partnership with ...

A and B entered into a partnership with amount Rs 2500 and Rs 4500 respectively and C joined them after 5 months with amount rs 2400 and if total profit at the end of the year is Rs 16800, then find the difference between profit amount earned by B and C? (in Rs)

A

A)6000

B

B)5800

C

C)5600

D

D)6200

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow these steps: ### Step 1: Determine the investments of A, B, and C - A invests Rs 2500 - B invests Rs 4500 - C invests Rs 2400 ### Step 2: Calculate the ratio of their investments To simplify the calculations, we can divide each investment by 100: - A's investment: 2500 / 100 = 25 - B's investment: 4500 / 100 = 45 - C's investment: 2400 / 100 = 24 Thus, the ratio of their investments is: \[ A : B : C = 25 : 45 : 24 \] ### Step 3: Determine the time of investment for each partner - A and B invest for the entire year (12 months). - C joins after 5 months, so C invests for 7 months. ### Step 4: Calculate the effective investment time for each partner Now, we calculate the effective investment for each partner by multiplying their investment by the time they invested: - A's effective investment: \( 25 \times 12 = 300 \) - B's effective investment: \( 45 \times 12 = 540 \) - C's effective investment: \( 24 \times 7 = 168 \) ### Step 5: Find the total effective investment Now, we sum up the effective investments: \[ 300 + 540 + 168 = 1008 \] ### Step 6: Calculate the profit share ratio The profit share ratio is: \[ A : B : C = 300 : 540 : 168 \] ### Step 7: Simplify the ratio To simplify, we can divide each term by 12: - A: \( 300 / 12 = 25 \) - B: \( 540 / 12 = 45 \) - C: \( 168 / 12 = 14 \) Thus, the simplified ratio is: \[ A : B : C = 25 : 45 : 14 \] ### Step 8: Calculate the total parts in the ratio Total parts = \( 25 + 45 + 14 = 84 \) ### Step 9: Determine the value of each part Given that the total profit is Rs 16800, we can find the value of one part: \[ \text{Value of 1 part} = \frac{16800}{84} = 200 \] ### Step 10: Calculate the profit for B and C Now we can calculate the profit for B and C: - Profit for B: \( 45 \times 200 = 9000 \) - Profit for C: \( 14 \times 200 = 2800 \) ### Step 11: Find the difference between the profits of B and C The difference in profit between B and C is: \[ 9000 - 2800 = 6200 \] ### Final Answer The difference between the profit amount earned by B and C is Rs 6200. ---
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