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A and B started a business with investme...

A and B started a business with investments of ₹6000 and ₹9000 respectively The time periods for which A and B invested were in the ratio of 5 : 3. If the annual profit received was ₹4370,then What was A’s share in profit?

A

₹ 1700

B

₹ 2700

C

₹ 1100

D

₹ 2300

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow these instructions: ### Step 1: Identify the investments A's investment = ₹6000 B's investment = ₹9000 ### Step 2: Identify the time ratio The time periods for which A and B invested are in the ratio of 5:3. ### Step 3: Calculate the effective investment The profit is shared based on the product of investment and time. Therefore, we need to calculate the effective investment for both A and B. - Effective investment of A = Investment of A × Time period of A = ₹6000 × 5 = ₹30000 - Effective investment of B = Investment of B × Time period of B = ₹9000 × 3 = ₹27000 ### Step 4: Calculate the total effective investment Total effective investment = Effective investment of A + Effective investment of B = ₹30000 + ₹27000 = ₹57000 ### Step 5: Determine the profit-sharing ratio The profit-sharing ratio is based on their effective investments: - Ratio of A's investment to B's investment = ₹30000 : ₹27000 This can be simplified to 10 : 9 (by dividing both sides by ₹3000). ### Step 6: Calculate A's share of the profit The total profit received is ₹4370. We need to find A's share in this profit. - Total parts in the ratio = 10 + 9 = 19 parts - A's share = (A's ratio / Total ratio) × Total profit = (10 / 19) × ₹4370 ### Step 7: Calculate A's share Now, we perform the calculation: A's share = (10 / 19) × ₹4370 = ₹2300 ### Final Answer A's share in the profit is **₹2300**. ---
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