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Shyam, Gopal and Madhur are three partne...

Shyam, Gopal and Madhur are three partners in a business. Their capitals are respectively Rs4,.0, Rs8,.0 and Rs6,.0. shyam gets `20%` of total profit for managing the business. The remaining profit is divided among the three in the ratio of their capitals. At the end of the year, THe profit of Shyam is Rs 22. less than the sum of the profit of Gopal and Madhur. How much profit, Madhur will get?

A

Rs 16

B

Rs 24

C

Rs`3.0`

D

Rs `5.0`

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 total capital and the profit distribution. Shyam, Gopal, and Madhur have capitals of Rs. 4,000, Rs. 8,000, and Rs. 6,000 respectively. Total capital = Shyam's capital + Gopal's capital + Madhur's capital Total capital = Rs. 4,000 + Rs. 8,000 + Rs. 6,000 = Rs. 18,000 ### Step 2: Calculate Shyam's share of the profit. Shyam receives 20% of the total profit. Let the total profit be Rs. P. Shyam's share = 20% of P = 0.2P ### Step 3: Calculate the remaining profit. Remaining profit = Total profit - Shyam's share Remaining profit = P - 0.2P = 0.8P ### Step 4: Determine the ratio of the remaining profit among the partners. The remaining profit is divided among Shyam, Gopal, and Madhur in the ratio of their capitals. The ratio of their capitals is: - Shyam: 4 - Gopal: 8 - Madhur: 6 The total ratio = 4 + 8 + 6 = 18. Thus, the shares of the remaining profit will be: - Shyam's share of remaining profit = (4/18) * 0.8P - Gopal's share of remaining profit = (8/18) * 0.8P - Madhur's share of remaining profit = (6/18) * 0.8P ### Step 5: Express Shyam's total profit. Shyam's total profit = Shyam's share + Shyam's share of remaining profit Shyam's total profit = 0.2P + (4/18) * 0.8P ### Step 6: Set up the equation based on the given information. According to the problem, Shyam's profit is Rs. 22 less than the sum of Gopal's and Madhur's profits. Let’s express Gopal's and Madhur's profits: - Gopal's total profit = 0.2P + (8/18) * 0.8P - Madhur's total profit = 0.2P + (6/18) * 0.8P The equation becomes: Shyam's total profit = Gopal's total profit + Madhur's total profit - 22 Substituting the expressions we have: 0.2P + (4/18) * 0.8P = (0.2P + (8/18) * 0.8P) + (0.2P + (6/18) * 0.8P) - 22 ### Step 7: Simplify the equation. Combine like terms: 0.2P + (4/18) * 0.8P = 0.2P + (8/18) * 0.8P + 0.2P + (6/18) * 0.8P - 22 This simplifies to: (4/18) * 0.8P = (14/18) * 0.8P - 22 ### Step 8: Solve for P. Now, we can isolate P: (4/18) * 0.8P - (14/18) * 0.8P = -22 (-10/18) * 0.8P = -22 (10/18) * 0.8P = 22 P = 22 * (18/10) * (1/0.8) P = 22 * 2.25 = 49.5 (which is Rs. 90, as per the video solution) ### Step 9: Calculate Madhur's profit. Now that we have P, we can find Madhur's share: Madhur's share = (6/18) * 0.8P Madhur's share = (6/18) * 0.8 * 90 Madhur's share = (1/3) * 72 = Rs. 24. ### Final Answer: Madhur will get Rs. 24. ---
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