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A starts a certain business with rs4000....

A starts a certain business with rs4000. Three months from the start of the business, B joins with an amount which is rs500 more than that invested by A. Nine months from the start of the business, B leaves and C joins, with an amount which is rs1500 more than that invested by B. If B's share from the annual profit is rs18000, what is the annual profit earned?

A

rs64,000

B

rs2,000

C

rs62000

D

rs54,000

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's break it down: ### Step 1: Determine the investments of A, B, and C. - A starts the business with Rs. 4000. - B joins 3 months later with Rs. 500 more than A. Therefore, B's investment is: \[ B = A + 500 = 4000 + 500 = 4500 \] - C joins 9 months after the start of the business with Rs. 1500 more than B. Therefore, C's investment is: \[ C = B + 1500 = 4500 + 1500 = 6000 \] ### Step 2: Calculate the time each partner's investment was active. - A invests for 12 months. - B invests for 9 months (since he joins after 3 months). - C invests for 3 months (since he joins after 9 months). ### Step 3: Calculate the capital contribution of each partner. - A's contribution: \[ \text{A's contribution} = 4000 \times 12 = 48000 \] - B's contribution: \[ \text{B's contribution} = 4500 \times 9 = 40500 \] - C's contribution: \[ \text{C's contribution} = 6000 \times 3 = 18000 \] ### Step 4: Calculate the total capital contribution. \[ \text{Total capital} = \text{A's contribution} + \text{B's contribution} + \text{C's contribution} = 48000 + 40500 + 18000 = 106500 \] ### Step 5: Calculate the ratio of their contributions. - The ratio of A, B, and C's contributions is: \[ \text{A : B : C} = 48000 : 40500 : 18000 \] - To simplify, we can divide each term by 3000: \[ \text{A : B : C} = 16 : 13.5 : 6 \] - To avoid decimals, multiply by 2: \[ \text{A : B : C} = 32 : 27 : 12 \] ### Step 6: Find the value of each part of the profit. - Given that B's share of the profit is Rs. 18000, which corresponds to the 27 parts in the ratio: \[ \text{Value of one part} = \frac{18000}{27} = 666.67 \] ### Step 7: Calculate the total annual profit. - The total number of parts is: \[ 32 + 27 + 12 = 71 \] - Therefore, the total annual profit is: \[ \text{Total annual profit} = 71 \times 666.67 \approx 47333.33 \] ### Step 8: Conclusion The total annual profit is approximately Rs. 47333.33.
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