A, B and C are partners who share their profits in the ratio of their capital. A's capital is ₹ 5,000 and B's
capital is ₹ 25,000. In 1981, profit was ₹ 3,500 in which C's share was ₹ 1,500. Find C's capital.
Answers
Given : A, B and C are partners who share their profits in the ratio of their capital. A's capital is ₹ 5,000 and B's capital is ₹ 25,000. In 1981, profit was ₹ 3,500 in which C's share was ₹ 1,500.
To find : C's capital.
Solution:
A's capital is ₹ 5,000
B's capital is ₹ 25,000
C's capital is ₹ 1,000C
Total Capital = 5,000 + 25,000 + 1,000C = 1,000(C + 30) Rs
C share = 1,000C/1,000(C + 30) = 1,500/3,500
=> C/(C + 30) = 3/7
=> 7C = 3C + 90
=> 4C = 90
=> C = 22.5
=> 1,000C = 22,500
C's capital is ₹ 22,500C
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