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A started a business with Rs 10000 and ...

A started a business with Rs 10000 and B joined him with Rs 18000 after 4 months . After a year 'A' got 25 % of total profit for his office work while remaining profit is divided into A and B according to their investment . If at the end of the year 'A' got Rs 31,200 as his profit share , then find the total profit earned by them ?

A

A)Rs 57,200

B

B)Rs 49,500

C

C)Rs 44,000

D

D)Rs 52,800

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow the reasoning provided in the video transcript. ### Step 1: Determine the investments of A and B - A started the business with Rs 10,000. - B joined later with Rs 18,000. ### Step 2: Calculate the time of investment - A invested for 12 months (1 year). - B invested for 8 months (since he joined after 4 months). ### Step 3: Calculate the ratio of their investments - The investment ratio of A to B is: \[ \text{Investment Ratio} = \frac{10000}{18000} = \frac{5}{9} \] ### Step 4: Calculate the ratio of time - The time ratio of A to B is: \[ \text{Time Ratio} = \frac{12}{8} = \frac{3}{2} \] ### Step 5: Calculate the overall profit-sharing ratio - To find the overall profit-sharing ratio, we multiply the investment ratio by the time ratio: \[ \text{Overall Ratio} = \left(5 \times 3\right) : \left(9 \times 2\right) = 15 : 18 \] - Simplifying this gives: \[ \text{Overall Ratio} = 5 : 6 \] ### Step 6: Determine A's share of the profit - A receives 25% of the total profit for his office work. - The remaining profit (75%) is divided according to their investment ratio (5:6). ### Step 7: Let the total profit be \( P \) - A's share from the total profit: \[ A's\ share = 0.25P + \left(0.75P \times \frac{5}{11}\right) \] - Since A's total profit share is given as Rs 31,200: \[ 0.25P + \left(0.75P \times \frac{5}{11}\right) = 31200 \] ### Step 8: Simplify the equation - Calculate \( 0.75P \times \frac{5}{11} \): \[ 0.75P \times \frac{5}{11} = \frac{3.75P}{11} \] - Substitute back into the equation: \[ 0.25P + \frac{3.75P}{11} = 31200 \] - Convert \( 0.25P \) to a fraction with a common denominator: \[ \frac{0.25P \times 11}{11} = \frac{2.75P}{11} \] - Combine the terms: \[ \frac{2.75P + 3.75P}{11} = 31200 \] \[ \frac{6.5P}{11} = 31200 \] ### Step 9: Solve for \( P \) - Multiply both sides by 11: \[ 6.5P = 343200 \] - Divide by 6.5: \[ P = \frac{343200}{6.5} = 52800 \] ### Final Answer - The total profit earned by A and B is Rs 52,800.
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