Question

Mili gets half of Mia’s share and Mira gets one third of Mili’s share. How much profit will each partner get if profit of firm is 30,000?​

Answer 1

Answer:

Mia - 15000

Mili - 10000

Mira - 5000

Answer 2

Answer:

let x be the profit gained by Milli. let y be the profit gained by Mita.

. let z be the profit gained by Mira. But the total amount of profit is 30000

rupees.

So from the given condition:

x + y + z = 30000

...(1)

By given condition, Mili gets half of Mita's share.

x = 0.5 y ... (2)

. And also Mira gets one-third of Mili's share.

z = 0.33 x

...(3)

• Put equation (3) & (2) in equation(1)

0.5 y + y + 0.33 x = 30000

0.5 y + y + 0.33 (0.5 y) = 30000

...from(2)

0.665 y 30000

y = 18018.1818

Put this value in equation (2) to find the value of x.

x = 0.5 (18018.18)

x = 9009.0909

• Put this value in equation (3) to find the value of z.

z = 0.33 (9009.0909)

z = 2972.9999

The profit gained by Milli is 9009.0909 rupees, the profit gained by Mita is 18018.1818 rupees & the profit gained by Mira is 2972.9999 rupees from the total profit of rupees 30000.