A trader invested one-third of his capital in business and half of the rest in share market. If there is Rs. 3,000 left with him then the total capital of the trader is
Answers
The total capital of the trader is
• Given data :
Investment in business is 1/3 of the total capital.
Investment in share market is half of the remaining.
And,the last remaining amount is ₹ 3000.
•So,let the total capital = ₹ x (assume x as a variable to calculate the total amount of the trader's capital)
• The amount of investment in the business = x × 1/3 = ₹ x/3
• The amount of investment in the share market = x/3 × 1/2 = ₹ x/6
• Total invested = x/3+x/6 = 2x+x/6 = 3x/6 = ₹ x/2
• So,the remaining amount of money is = x-x/2 =₹ x/2
Now, if we compare the remaining amount of money that we calculated and the remaining amount of money that is given in the question,then we will get the following equation :
x/2 = 3000
x = 6000
So,the total capital of the trader is ₹6000 (answer)