Question

A, B, C in the ratio of 1:1
Rs. 54.55 were paid by A; miscellaneous sundry
expenses of Rs. 9.35were paid by B; the expenses of
Rs. 260.10 for meals and refreshment were paid by C.
What amount should A and B pay to Cin order to have
there shares of expenses as decided by them earlier ?
(12) A, B and C decided to do certain business in
partnership; they decided A should work as manager
and he should get salary of Rs. 400 per month for this
purpose. They also decided that at the end of the year,
share of B's profit should be 20% more than that of Cand
share of A's profit should be 20% less than that of B. At
the end of the year A obtained Rs. 7200 which included
Salary and his share of profit. Find out the total profit​

Answer 1

Answer:

To calculate the total expenses, we first need to find the total amount spent:

54.55 (paid by A) + 9.35 (paid by B) + 260.10 (paid by C) = 324.00

Next, we need to find the share of each person based on the ratio of 1:1:1:

Each person's share = 324.00 / 3 = 108.00

Since B paid miscellaneous sundry expenses of Rs. 9.35, A and B need to pay the remaining 108.00 - 9.35 = 98.65 to C.

Therefore, A and B need to pay 98.65 / 2 = 49.325 each to C.

To find the total profit, we first need to calculate the profit for each person:

Profit for B = 1.2 * Profit for C

Profit for A = 0.8 * Profit for B

Since A's profit is 20% less than B's profit, and B's profit is 20% more than C's profit, we can set up an equation:

Profit for A = 0.8 * Profit for B = 0.8 * 1.2 * Profit for C

Therefore, the profit for C is 7200 / (0.8 * 1.2 + 1).

Profit for C = 7200 / (0.8 * 1.2 + 1) = 2400

Now that we have calculated the profit for C, we can use it to find the profit for B and A:

Profit for B = 1.2 * 2400 = 2880

Profit for A = 0.8 * 2880 = 2304

Finally, we can find the total profit by adding the profit for each person:

Total profit = 2400 + 2880 + 2304 = 7424

So, the total profit is 7424.