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A and B start a business with ₹3000 and ...

A and B start a business with ₹3000 and ₹P respectively. At the end of six months from the start of the business, B leaves the business and C joins the business with a certain amount. The respective ratio between their profit shares, at the end of the year, was `5 : 4 : 3`. How much money did C invest in the business ?

A

₹3600

B

₹4800

C

₹4200

D

₹3000

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to determine how much money C invested in the business given the profit-sharing ratios of A, B, and C. ### Step-by-Step Solution: 1. **Identify the Investments and Time Periods:** - A invests ₹3000 for 12 months. - B invests ₹P for 6 months (since he leaves after 6 months). - C joins after 6 months and invests ₹X for 6 months. 2. **Calculate the Effective Investment:** - The effective investment for A is: \[ \text{A's investment} = 3000 \times 12 = 36000 \] - The effective investment for B is: \[ \text{B's investment} = P \times 6 = 6P \] - The effective investment for C is: \[ \text{C's investment} = X \times 6 = 6X \] 3. **Set Up the Ratio of Profits:** - The profit-sharing ratio is given as 5:4:3 for A, B, and C respectively. - This means: \[ \frac{\text{A's effective investment}}{5} = \frac{\text{B's effective investment}}{4} = \frac{\text{C's effective investment}}{3} \] 4. **Express the Ratios in Terms of A's Investment:** - From A's investment: \[ 5 \text{ parts} = 36000 \implies 1 \text{ part} = \frac{36000}{5} = 7200 \] - Therefore: - A's investment corresponds to 5 parts: \( 5 \times 7200 = 36000 \) - B's investment corresponds to 4 parts: \( 4 \times 7200 = 28800 \) - C's investment corresponds to 3 parts: \( 3 \times 7200 = 21600 \) 5. **Relate C's Investment to the Effective Investment:** - We know that \( 6X = 21600 \) (since C's effective investment is 6 months). - To find X, we divide by 6: \[ X = \frac{21600}{6} = 3600 \] ### Conclusion: C invested ₹3600 in the business.
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