Home
Class 14
MATHS
A,B & C entered into a partnership busin...

A,B & C entered into a partnership business .Amount invested by B is 3 times of amount invested by A and ratio of amount invested by C to that of B is `1:2` .After 11 months ,all 3 withdraw Rs Y. If ratio of C's profit share to total profit at the end of the year is `35:129` , then find profit sharing ratio of A to that of B at the end of the year .

A

A)`19:75`

B

B)`41:53`

C

C)`67:27`

D

D)`23:71`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will first define the amounts invested by A, B, and C based on the given ratios, then calculate their respective profit shares, and finally find the profit-sharing ratio of A to B. ### Step 1: Define the investments Let the amount invested by A be \( x \). According to the problem: - The amount invested by B is 3 times that of A, so \( B = 3x \). - The ratio of the amount invested by C to that of B is \( 1:2 \). Therefore, if B invests \( 3x \), then C invests \( \frac{1}{2} \times 3x = \frac{3x}{2} \). ### Step 2: Calculate the amounts invested From the above definitions: - Amount invested by A = \( x \) - Amount invested by B = \( 3x \) - Amount invested by C = \( \frac{3x}{2} \) ### Step 3: Calculate the total investment The total investment by A, B, and C is: \[ \text{Total Investment} = A + B + C = x + 3x + \frac{3x}{2} = 4x + \frac{3x}{2} = \frac{8x}{2} + \frac{3x}{2} = \frac{11x}{2} \] ### Step 4: Calculate the profit shares Since A, B, and C withdraw Rs Y after 11 months, their remaining amounts after withdrawal are: - A's remaining amount = \( x - Y \) - B's remaining amount = \( 3x - Y \) - C's remaining amount = \( \frac{3x}{2} - Y \) The investment duration for A and B is 11 months, while C's investment duration is 1 month (since he withdraws Y after 11 months). ### Step 5: Calculate the profit share for each The profit share for each partner is calculated as: - A's profit share = \( x \times 11 + (x - Y) \times 1 = 11x + x - Y = 12x - Y \) - B's profit share = \( 3x \times 11 + (3x - Y) \times 1 = 33x + 3x - Y = 36x - Y \) - C's profit share = \( \frac{3x}{2} \times 11 + \left(\frac{3x}{2} - Y\right) \times 1 = \frac{33x}{2} + \frac{3x}{2} - Y = \frac{36x}{2} - Y = 18x - Y \) ### Step 6: Total profit share The total profit share is: \[ \text{Total Profit} = (12x - Y) + (36x - Y) + (18x - Y) = 66x - 3Y \] ### Step 7: Use the given ratio of C's profit share to total profit According to the problem, the ratio of C's profit share to the total profit is \( \frac{35}{129} \): \[ \frac{18x - Y}{66x - 3Y} = \frac{35}{129} \] ### Step 8: Cross-multiply and solve for Y Cross-multiplying gives: \[ 129(18x - Y) = 35(66x - 3Y) \] Expanding both sides: \[ 2322x - 129Y = 2310x - 105Y \] Rearranging gives: \[ 2322x - 2310x = 129Y - 105Y \] \[ 12x = 24Y \implies Y = \frac{x}{2} \] ### Step 9: Substitute Y back into profit shares Now substituting \( Y \) back into the profit shares: - A's profit share = \( 12x - \frac{x}{2} = 12x - 0.5x = 11.5x \) - B's profit share = \( 36x - \frac{x}{2} = 36x - 0.5x = 35.5x \) ### Step 10: Calculate the profit-sharing ratio of A to B The profit-sharing ratio of A to B is: \[ \text{Ratio of A to B} = \frac{11.5x}{35.5x} = \frac{11.5}{35.5} = \frac{23}{71} \] ### Final Answer Thus, the profit-sharing ratio of A to B at the end of the year is \( 23:71 \). ---
Promotional Banner

Topper's Solved these Questions

  • RATIO & PROPORTION AND PARTNERSHIP

    ADDA247|Exercise MAINS QUESTIONS|24 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 -PREVIOUS YEAR QUESTIONS
  1. A and B entered into a business my making investment of Rs 2400 and 28...

    Text Solution

    |

  2. A & B entered into a business by investing total capital of Rs 17000. ...

    Text Solution

    |

  3. Three partners P, Q and R invested their amounts in ratio 2:5:7 . At t...

    Text Solution

    |

  4. A invests Rs X in business. After four months B joins him with Rs 2X a...

    Text Solution

    |

  5. A invested Rs 4000 and B invested Rs 1000 more than A. After eight mo...

    Text Solution

    |

  6. A & B invested in the Rs X and Rs(X+800) for same period time in a bus...

    Text Solution

    |

  7. A and B invested in the ratio of 3:2 respectively .they both invested ...

    Text Solution

    |

  8. A invested Rs X in a scheme .After 6 months , B joined with Rs 4000 mo...

    Text Solution

    |

  9. Ratio of income of A to that of B is 5:9 .If expenditure of A is 3/8 t...

    Text Solution

    |

  10. A,B & C entered into a partnership business .Amount invested by B is 3...

    Text Solution

    |

  11. Two friends Pinki and Rinki entered into a partnership by investing a...

    Text Solution

    |

  12. The price of a refrigerator and a television set are in the ratio 5 : ...

    Text Solution

    |

  13. A milkman makes 20% profit by selling milk mixed with water at Rs 9 pe...

    Text Solution

    |

  14. 94 Is divided Into two parts in such a way that the fifth part of the ...

    Text Solution

    |

  15. Annual Incomes of Amit and Veer are in the ratio 3 : 2, while the rati...

    Text Solution

    |

  16. The monthly salary of A,B and C is in the ratio of 2:3:5 . If C's sala...

    Text Solution

    |

  17. The income of A B and C are in the ratio 7 : 9 : 12 and their spending...

    Text Solution

    |

  18. Rs . 86700 is divided among A,B and C in such a way that If gets 1 rup...

    Text Solution

    |

  19. If a: b = 2/9 : 1/3, b: c = 2/7 : 5/14 and d : c = 7/10 : 3/5 then a ...

    Text Solution

    |

  20. A man divided his property so that his son's share to his wife's and w...

    Text Solution

    |