explain step by step pls it's for my exam revision no spam
Answers
Answer:
a. ₹714,285.71
b. ₹249,999.9985
c. ₹414285.7118
Step-by-step explanation:
Given:
Total share = 100%
Wife's share = 35%
Elder son's share = 30%
Younger son's share = 28%
To find:
a. the value of man's property
b. the wife's share
c. the total share of the two sons
Solution:
Daughter's share = Remaining share
= 100% - 35 % - 30% - 28%
Daughter's share = 7%
Daughter's share = ₹50,000(Given)
Let the total share be x
7% of x = ₹50,000
7x/100 = 50,000
7x = 50,00,000
x = 50,00,000/7
x = ₹714,285.71
Man's total property = ₹714,285.71
Wife's share = 35% (Given)
35% of 714,285.71 = 35/100 × 714,285.71
= 35 × 714,2.8571
= ₹249,999.9985
Wife's share = ₹249,999.9985
Elder son's share = 30% (Given)
30% of 714,2.8571 = 30/100 × 714,285.71
= 30 × 714,2.8571
= ₹214,285.713
Elder son's share = ₹214,285.713
Younger son's share = 28% (Given)
28% of 714,285.71 = 28/100 × 714,285.71
= 28 × 714,2.8571
= ₹199,999.9988
Younger son's share = ₹199,999.9988
The total share of two sons = ₹214,285.713 + ₹199,999.9988
= ₹414285.7118
Total share of the two sons = ₹414285.7118
Hope it helps you:)