Harry, Abdul and Ganesh started a business by contributing Rs. 20000, Rs. 40000 and Rs. 80000
respectively. After 1/2 a year Harry doubles his contribution and Abdul withdraws 3/4 of his investment.
Again after 3 months, Abdul invests five times more than the investment of his previous three months and
Ganesh halves his investment. At the end of the year the business returned a profit of Rs. 135000, which
was divided amongst the 3 men, proportionate to the amount and duration of their investment in the
enterprise. What was Harry's share in the profit?
Answers
Answer:
30412(approximately)
Step-by-step explanation:
Harry contribution at the starting of the year=20000
Abdul contribution at the starting of the year=40000
Ganesh contribution at the starting of the year=80000
After 6months Abdul withdraws th of the investment
therefore,his contribution after 6months remain 10000.
After 6 months Harry doubles his investment therefore,his contribution after 6months remain 40000.
Again after 3months Ganesh halves his Investment therefore,his contribution after 9 months remains 40000.
After 3months Abdul invests 5 times more than the investment of his previous 3 months therefore, his contribution remains 50000
To calculate Harry's profit we have to calculate his contribution in the total investment
Harry contribution amongst 3 of his friends for 1st 6months=
Harry contribution amongst 3 of his friends for next 3 months=
Harry contribution amaongst 3 of his friends for next 3 months=
The profit made by the company at the end of the year is 135000
Harry's profit for first six months is=9642
Harry's profit for next three months is=10384
Harry's profit for next three months is =10384
adding the profits for 12 months 9642+10384+10384=30412
Answer:
30000
Step-by-step explanation:
for 6 months ,Hary's contribution = 20,000 * 6 = 1,20,000
for 6 months, Abdul's contribution = 40,000 *6 = 2,40,000
for 6 months, Ganesha's contribution = 80,000 * 6 = 4,80,000
from 6 to 9 months, Hary's contribution = 40,000 * 3 = 1,20,000
from 6 to 9 months, Abdul's contribution = 10,000 * 3 = 30,000
from 6 to 9 months, Ganesha's contribution = 80,000 * 3 = 2,40,000
from 9 to 12 months, Hary's contribution = 40,000 * 3 = 1,20,000
from 9 to 12 months, Abdul's contribution = 50,000 * 3 = 1,50,000
from 9 to 12 months, Ganesha's contribution = 40,000 * 3 = 1,20,000
Now total contribution made by:
Hary = 1,20,000 + 1,20,000 + 1,20,000 = 3,60,000
Abdul = 2,40,000 + 30,000 + 1,50,000 = 4,20,000
Ganesha = 4,80,000 + 2,40,000 + 1,20,000 = 8,40,000
Hary:Abdul:Ganesha = 36:42:84 = 6:7:14
Hary's contribution = (6/(6+7+14))* 1,35,000 = 6*1,35,000/27 = 30,000