Question

Anand, bala and chary enter into a partnership in the ratio 1:5:1. After 4 months, anand increases his share by 50%. If the total profit at the end of one year be rs. 154,000, then b's share in the profit is

Answer 1

Solution:

Ratio of share of Anand, bala and chary = 1:5:1

Let their shares be k, 5 k, k.

After 4 months , increase in share of anand= 50%

New Share of Anand= k + 50 k/100 = k+ k/2= 3 k/2

Total profit at the end of a year = 1,54,000

→3k/2 + 5k + k = 1,54,000

→ 3 k / 2 + 6 k= 1,54,000

→ 15 k/2 = 1,54,000

→ k = (1,54,000 × 2)÷ 15

k = 61600/3

Now, bala's share in the profit is = 5 k= 5 ×  61600/3=$\frac{3,08,000}{3}= Rs 102666.67$ (approx)