Shweta, piyush and nachiket together invested 80000 rupees and started a business of selling sheets and towels from solapur. Shwetas share of the capital was 30000 rupees and piyushs 12000. At the end of the year they had made a profit of 24%. What was nachiket investment and what was his share of the profit.?
Answers
Answer:
Nachiket's investment was 38,000 rupees and share of his profit was 9,120 rupees.
Step-by-step explanation:
OK.So lets begin. . .
So Shweta, Piyush and Nachiket invested 80,000 rupees and started a business.
∴ Shweta & Piyush's total share is = (30,000+12,000) = 42,000 rupees.
∴ Nachiket's share should be = (80,000-42,000) = 38,000 rupees.
Now,
∴ Ratio of Shweta,Piyush and Nachiket's share = 30,000 : 12,000 : 38,000 = 15 : 6: 19
15+6+19 = 40.
∴ Profit of 24% on 80,000 rupees = 19,200 rupees.
∴ Nachiket's profit on 19,200 rupees was = 19200×19÷40 = 9,120 rupees. (19 is ratio of Nachiket's share and 40 is the sum of the share ratios of the three person).
Hope it helps you.
Step-by-step explanation:
Given, Total cost price =Rs.80000
Let Rs.x is invested by Nachiket
Rs.30000 is invested by Shweta
Rs.12000 is invested by Piyush
Total investment =18000=x+30000+12000
=x+42000
x=80000−42000
x=38000
∴ Money invested by Nachiket is Rs.38000.
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