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A,B & C entered into a partnership busin...

A,B & C entered into a partnership business with capital in the ratio `5:8:12` .After 8 months C withdraws his capital while after 10 months B increased his investment by 25 % . If at the end of the year difference between profit share of A and B is Rs . 17000, then find profit share of C at the end of the year .

A

A)Rs 40800

B

B)Rs 46200

C

C)Rs 32400

D

D)Rs 50400

Text Solution

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The correct Answer is:
To solve the problem step by step, we will follow the details provided in the question and the video transcript. ### Step 1: Determine the initial capital contributions The capital contributions of A, B, and C are in the ratio of 5:8:12. Let's denote their investments as: - A's investment = 5x - B's investment = 8x - C's investment = 12x ### Step 2: Calculate the effective capital for each partner - A invests for 12 months. - B invests for 12 months but increases his investment after 10 months. - C invests for 8 months and then withdraws his capital. **Calculating the effective capital:** - A's effective capital = 5x * 12 = 60x - B's effective capital for the first 10 months = 8x * 10 = 80x - B's increased investment after 10 months = 25% of 8x = 2x, so new investment = 8x + 2x = 10x. - B's effective capital for the last 2 months = 10x * 2 = 20x - Total effective capital for B = 80x + 20x = 100x - C's effective capital = 12x * 8 = 96x (since he withdraws after 8 months) ### Step 3: Calculate total effective capital Now we have: - A's effective capital = 60x - B's effective capital = 100x - C's effective capital = 96x ### Step 4: Calculate the total effective capital Total effective capital = A's effective capital + B's effective capital + C's effective capital = 60x + 100x + 96x = 256x ### Step 5: Determine the profit-sharing ratio The profit-sharing ratio will be based on their effective capitals: - A's share = 60x - B's share = 100x - C's share = 96x The profit-sharing ratio of A : B : C = 60 : 100 : 96. ### Step 6: Simplify the profit-sharing ratio To simplify the ratio, we can divide each term by 4: - A : B : C = 15 : 25 : 24. ### Step 7: Use the given difference in profit to find the profit share of C According to the problem, the difference between the profit shares of A and B is Rs. 17,000. The difference in their shares can be calculated as: - Difference = B's share - A's share = (25 - 15) units = 10 units. ### Step 8: Calculate the value of one unit If 10 units = Rs. 17,000, then: - 1 unit = Rs. 17,000 / 10 = Rs. 1,700. ### Step 9: Calculate C's profit share C's share in the profit is represented by 24 units. Therefore, C's profit share = 24 units * Rs. 1,700/unit = Rs. 40,800. ### Final Answer C's profit share at the end of the year is Rs. 40,800. ---
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