a and b started business together by investing 10400 and 14300 after four months c joined them with an amount of 9100 if they earned an annual profit of rs 11360 what is the c shares in the profit
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Answer:
given,
A and B started business together by investing 10400 & 14300 respectively,
that means,
for 12 months they invested that amount,
so for one month,
A and B invested (10400/12) & (14300/12) respectively,
also given that,
C invested 9100 after 4 months,
that means,
C invested that amount for 8 months,
C's monthly investment will be (9100/8).
Therefore,A:B:C investment ratio is
(10400/12) : (14300/12) : (9100/8),
= (104/3) : (143/3) : (91/2),
multiply the ratio with 6,
= (104*2) : (143*2) : (91*3),
= 208 : 286 : 273
given,they earned an annual profit of Rs.11360,
A's share will be (11360*208)/767 = Rs.3080.67/-,
B's share will be (11360*286)/767 = Rs.4235.93/-,
C 's share will be (11360*273)/767 = Rs.4043.39/-
Hope it helps u...
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