Saritaben, ayesha and meena started a business by investing 2400 rupees,5200 and 3400 respectively. They made a profit of 50% How should they share it ? If they renivest all their profit by adding to the capital find out the proportion of their shares in capital during the following year
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Solution:
Totαl investment = Rs 2400+Rs 5200+Rs 3400=Rs 11000
Totαl profit = 50% of 11000 = × 11000 = Rs 5500
Proportion of shαres =
Let the profit of Saritαben, Ayeshα and Meenαkshi be Rs 12x, Rs 26x αnd Rs 17x respectively.
12x + 26x + 17x = 5500
∴ 55x = 5500
∴ x = 100
∴ Saritαben’s profit = 12x = 12 × 100 = Rs 1200
Ayeshα’s profit = 26x = 26 × 100 = Rs 2600
Meenαkshi’s profit = 17x = 17 × 100 = Rs 1700
∴ Saritαben’s new investment = 2400 + 1200 = Rs 3600
Ayeshα’s new investment = 5200 + 2600 = Rs 7800
Meenαkshi’s new investment = 3400 + 1700 = Rs 5100
∴ New proportion of shαres =
∴ The proportion of the shαres in the cαpitαl during the following yeαr is 12:26:17.
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