Three men A, B and C start a business togethe | vedclass

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(B) To find the share of profit,we calculate the ratio of the equivalent capital invested by each partner for $1$ year (or $12$ months).$A$'s total in

Vedclass · Accepted Answer

₹ $2803$

Vedclass · Answer

(B) To find the share of profit,we calculate the ratio of the equivalent capital invested by each partner for $1$ year (or $12$ months).$A$'s total investment: $30000 	imes 12 = 360000$.$B$'s total investment: $(24000 	imes 4) + (18000 	imes 8) = 96000 + 144000 = 240000$.$C$'s total investment: $(42000 	imes 4) + (32000 	imes 8) = 168000 + 256000 = 424000$.Ratio of investments $= 360000 : 240000 : 424000 = 360 : 240 : 424$.Dividing by $8$,we get the ratio $= 45 : 30 : 53$.Sum of ratio parts $= 45 + 30 + 53 = 128$.$B$'s share $= \frac{30}{128} 	imes 11960 = 2803.125$.Rounding to the nearest integer,$B$'s share is ₹ $2803$.

Similar Questions

$A, B$ and $C$ enter into a partnership by investing ₹ $35000$,₹ $45000$ and ₹ $55000$ respectively. What are the respective shares of $A, B$ and $C$ in an annual profit of ₹ $40500$?

$S, T$ and $U$ start a business and their capitals are in the ratio $3: 4: 6$. At the end,they received the profit in the ratio of $1: 2: 3$. What will be the respective ratio of the time periods for which they contributed their capitals?

$A, B$ and $C$ invest to start a restaurant. The total investment was ₹ $3,00,000$. $B$ invested ₹ $50,000$ more than $A$ and $C$ invested ₹ $25,000$ less than $B$. If the profit at the end of the year was ₹ $14,400$,then what is $C$'s share of the profit (in ₹)?

Sumit,Punit,and Ramit started a business by investing their capitals in the ratio of $1: 2: 3$. At the end of the business term,they received their shares of profit in the ratio of $1: 2: 3$. Find out the ratio of time for which they invested their capitals.

Vedclass Test Series

Exam Paper Generator

Online Exam Module