Ram, shyam and Hari invest in a business with capitals Rs. 5000. Rs4500 and Rs 6500 respectively after six months, Ram doubles hiscapital and after next three months Shyam trebles his capital. If theprofit at the end of the year amounted to Rs. 8300, find the profit obtained by each.
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Answers
Answer:
Description for Correct answer:
Let Ram's share= 3x
Shyam's share = 4x
Kamal's share = 7x
According to the question,
3x + 4x +7x = 21000
14x = 21000
X = (21000/14) = 1500
Kamal's share = 7x = 7 X 1500
=Rs.10500
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Answer:
ram: rs 2767
shyam: rs 3735
Hari: rs 1798
Step-by-step explanation:
ram initial cap is 5000 he doubles it so new capital is 5000+5000 = 10000
shyam initial cap is 4500 and he triples it so 4500+4500+4500 = 13500 is the new capital.
Hari initial cap is 6500 remains the same.
thus the profit sharing ratio will be 10000:13500:6500
if you simplify it the profit sharing ratio will be 20:27:13
thus for Ram: 20/60 * 8300 = 2767
shyam: 27/60* 8300 = 3735
Hari: 13/60* 8300 = 1798
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