Pravin, Satish and Akbar start a business investing Rs. 800, Rs. 900 and
3 Rs. 1,300 respectively. Satish gets 12 per cent of total profit as manager.
If total profit at the end of the year is Rs. 6,000 then how much will each
get?
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Answer:
Step-by-step explanation:
Investment by Pravin = Rs. 800
Investment by Satish = Rs. 900
Investment by Akbar = Rs. 1300
Total Investment = 800+900+1300=3000
Profite at the end of year = 6000
Satish gets 12% of total profit as manager
So Satish salary = 12×6000÷100=720
Balance profit = 6000-720= 5280
Now
Pravin Share of profit = 800×5280÷3000=1408
Satish Share of Profit = 900×5280=3000=1584
Total Satish gets = 1584+720 = 2304
Akbar share of profit = 1300×5280÷300 =2288
Answer - Pravin gets = Rs.1408
Satish gets = Rs.2304
Akbar Gets = Rs.2288
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