Home
Class 14
MATHS
A and B started a business with some amo...

A and B started a business with some amount .After 9 months B left the business & C joins the business with Rs 12,000 and remains in business till the end of year . At the end of the year , profit share of A,B and C is Rs . 48 ,Rs . 48 and Rs . 24 respectively .Find the sum of the amount (in Rs ) invested by A and B together in the business ?

A

A)`8,000`

B

B)`10,000`

C

C)`15,000`

D

D)`14,000`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to find the sum of the amounts invested by A and B together in the business. Let's break it down step by step. ### Step 1: Understand the Profit Sharing At the end of the year, the profit shares are: - A: Rs 48 - B: Rs 48 - C: Rs 24 ### Step 2: Determine the Time Periods - A invests for 12 months (the whole year). - B invests for 9 months (leaves after 9 months). - C invests for 3 months (joins after B leaves). ### Step 3: Calculate the Time Ratios The time ratios for A, B, and C are: - A: 12 months - B: 9 months - C: 3 months Thus, the time ratio is: - A : B : C = 12 : 9 : 3 This can be simplified by dividing each term by 3: - A : B : C = 4 : 3 : 1 ### Step 4: Set Up the Investment Ratios Let the amounts invested by A and B be \( a \) and \( b \) respectively. The investment ratios, taking time into account, will be: - A's contribution = \( 4a \) (since A invests for 12 months) - B's contribution = \( 3b \) (since B invests for 9 months) - C's contribution = \( 12000 \) (since C invests for 3 months) ### Step 5: Set Up the Profit Equation According to the profit sharing: - A's profit = Rs 48 - B's profit = Rs 48 - C's profit = Rs 24 ### Step 6: Establish the Value of Each Profit Share From C's profit, we can establish a value: - If C's profit of Rs 24 corresponds to an investment of Rs 12000, we can find the value of Rs 1 profit: \[ \text{Value of Rs 1 profit} = \frac{12000}{24} = 500 \] ### Step 7: Calculate A's and B's Investment Values Now we can find the total profit values for A and B: - A's profit of Rs 48 corresponds to: \[ \text{Total investment value for A} = 48 \times 500 = 24000 \] - B's profit of Rs 48 corresponds to: \[ \text{Total investment value for B} = 48 \times 500 = 24000 \] ### Step 8: Set Up the Equations From the profit values: 1. \( 4a = 24000 \) (for A) 2. \( 3b = 24000 \) (for B) ### Step 9: Solve for A and B's Investments From the first equation: \[ a = \frac{24000}{4} = 6000 \] From the second equation: \[ b = \frac{24000}{3} = 8000 \] ### Step 10: Calculate the Total Investment Now, we can find the total amount invested by A and B together: \[ \text{Total Investment} = a + b = 6000 + 8000 = 14000 \] ### Final Answer The sum of the amounts invested by A and B together in the business is **Rs 14000**. ---
Promotional Banner

Topper's Solved these Questions

  • RATIO & PROPORTION AND PARTNERSHIP

    ADDA247|Exercise MAINS QUESTIONS|24 Videos
  • RATIO & PROPORTION AND PARTNERSHIP

    ADDA247|Exercise PREVIOUS YEAR QUESTIONS|20 Videos
  • RATIO & PROPORTION AND PARTNERSHIP

    ADDA247|Exercise PRELIMS QUESTIONS (LEVEL 1)|35 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 -PRELIMS QUESTIONS (LEVEL 2)
  1. Dinesh started a business with investing Rs 12000 and after some month...

    Text Solution

    |

  2. A and B entered into a partnership with amount Rs 2500 and Rs 4500 res...

    Text Solution

    |

  3. Three partners A,B and c invested their amounts in ratio of 3:5:7 . At...

    Text Solution

    |

  4. Ankit invested twice than that of Ayush , while Charu invested thrice ...

    Text Solution

    |

  5. Karthik , Rishabh and Mahendar enter into a partnership . In the begin...

    Text Solution

    |

  6. A,B & C entered into a partnership business with capital in the ratio ...

    Text Solution

    |

  7. A,B and C invested Rs . 5000 , Rs , 10000 and Rs . 20000 in a partners...

    Text Solution

    |

  8. A started a business with Rs 10000 and B joined him with Rs 18000 aft...

    Text Solution

    |

  9. A,B and C started a business by investing in the ratio of 3:4:5 .After...

    Text Solution

    |

  10. Anurag invested 33 1/3 % more than Ayush in a partnership and after on...

    Text Solution

    |

  11. Ankit , Bhavya and chiruy together starts a business . Bhavya invested...

    Text Solution

    |

  12. Sandy invested 50 % more than Ayush and the ratio of time period for ...

    Text Solution

    |

  13. A ,B & C starts a newspaper distribution business with total capital o...

    Text Solution

    |

  14. Investment of B is 25 % more than that of A.A & B invested for 10 mont...

    Text Solution

    |

  15. Investment made by A and C is 40 % less and 60 % more than that of B r...

    Text Solution

    |

  16. Uday and Amir entered into partnership business Amir invested Rs . 16...

    Text Solution

    |

  17. Rakesh started a business with some money . After four months Ram and ...

    Text Solution

    |

  18. Amit and Deepak started a business with initial investments in the rat...

    Text Solution

    |

  19. A and B started a business with some amount .After 9 months B left the...

    Text Solution

    |

  20. A,B and C invest in a partnership in ratio 5:3:7 and investment of A i...

    Text Solution

    |