A, B and C are partners. They have invested Rs.35000, Rs. 25000 and 10,000 respectively for the same period. If the total profit is Rs. 18000, find the share of A.
Answers
Answer:
Explanation:
A's capital be C1= 35000
B's capital be C2= 25000
C's capital be C3= 10000
Profit = 18000
T1=T2=T3
Apply formula: Apti Partnership14
Apti Partnership15
Solution 2:
Ratio of their profits;
Profit of A: Profit of B: Profit of C = C1*T1: C2*T2:C3*T3
Time is same for A, B and C.
So, Profit of A: Profit of B: Profit of C = C1: C2: C3
= 35000:25000:10000
= 7:5:2
A's share = (A's ratio/ sum of all three ratios)* total profit
Step-by-step explanation:
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Share of A
The share of A is Rs.8999.97
Explanation:
Amount invested by A = Rs.35000
Amount invested by B = Rs.25000
Amount invested by C = Rs.10,000
Profit earned = Rs.18000
We'll take the ratio of the investment by all three so as to understand how much portion belongs to each
35000:25000:10000 = 7:5:2 (Dividing by 5000)
Therefore, the same proportions would apply to the profit earned
Let, x be the common multiple for 7,5 and 2
Therefore, 7x + 5x + 2x = 18000
14x = 18000
x = 1285.71
Therefore, the share of A = 7x
= 7 * 1285.71
= 8999.97
Share of A is Rs.8999.97