Prabu, hari and riya started a business in partnership by investing rs.38500, rs.49500 and x respectively. At the end of the year they earned a total profit of rs.101500 and riya's share in the profit is 45500 find x ?
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Answer:
Rs 71500
Step-by-step explanation:
We need to calculate the accumulation of these profits for one year which is 12 months.
In 12 months we have :
12 × 38500 = 462000
12 × 49500 = 594000
12 × x = 12x
We can obtain the ratios as follows :
462000 : 594000 : 12x
If the profit of Riya was 45500 and the total profit was 101500
Let the fraction of Riya's profit be y then we can get the fraction as follows :
y × 101500 = 45500
y = 45500/101500
y = 13/29
The ratio of Prabu's to Hari's contribution is :
462000/59400 = 7 : 9
7 : 9 : y = 7 : 9 : 13
7 = 38500
13 =?
13/7 × 38500 = 71500
Riya's contribution is thus Rs 71500
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