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A,B and C enter into partnership . A inv...

A,B and C enter into partnership . A invests some money at the beginning .B invests double the amount after 6 months and C invests thrice the amount after 8 months . If the annual profit be Rs 18000 C's share is

A

Rs 7500

B

Rs 7200

C

Rs 6000

D

Rs 5750

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we will follow these steps: ### Step 1: Define the Investments Let the amount invested by A be \( X \). Then, the amount invested by B is \( 2X \) (since B invests double the amount of A). The amount invested by C is \( 3X \) (since C invests thrice the amount of A). ### Step 2: Determine the Time of Investment - A invests for the entire year, which is 12 months. - B invests for 6 months (since he invests after 6 months). - C invests for 4 months (since he invests after 8 months). ### Step 3: Calculate the Capital Contribution The capital contribution of each partner can be calculated by multiplying the amount invested by the time (in months) for which it was invested. - A's contribution = \( X \times 12 = 12X \) - B's contribution = \( 2X \times 6 = 12X \) - C's contribution = \( 3X \times 4 = 12X \) ### Step 4: Find the Total Contribution Now, we can find the total contribution: \[ \text{Total Contribution} = A's Contribution + B's Contribution + C's Contribution = 12X + 12X + 12X = 36X \] ### Step 5: Determine the Profit Sharing Ratio The profit sharing ratio is based on their contributions: - A's share = \( 12X \) - B's share = \( 12X \) - C's share = \( 12X \) Thus, the ratio of their shares is: \[ A : B : C = 12X : 12X : 12X = 1 : 1 : 1 \] ### Step 6: Calculate C's Share of the Profit The total annual profit is Rs 18,000. Since the profit is shared equally among A, B, and C: \[ C's \text{ share} = \frac{1}{3} \times 18000 = 6000 \] ### Final Answer C's share of the profit is Rs 6000. ---
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