Question

Kamal started a business with rs.25000 and after 4 months, kiran joined him with rs.60000. kamal received rs.58000 including 10% of profit as commission for managing the business. what amount did kiran receive? 75000 70000 72000 78000

Answer 1

Ratio of the profits = 25000*12 : 60000*8

= 25*12 : 60*8 = 5*3 : 12:2 = 5 : 4*2

= 5:8



Let the total profit = x.

Then Kamal received 10x/100 = x/10 as commission for managing the business

Remaining profit = x- x/10 = 9x/10 which is shared in the ration 5:8



Kamal's share = x/10 + (9x/10) * (5/13) = 58000

=> x + 9x(5/13) = 580000

=> x(1 + 45/13) = 580000

=> x ( 58/13) = 580000

=> x ( 1/13) = 10000

=> x = 130000



Kiran's share = 130000 - 58000 = 72000



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