The ratio of the capitals invested in a partnership business by three friends Sukdev, Basudev and Mahadev is as 1/5:1/4:1/3. If at the end of the business there is a profit of Rs 4700, find the amount of the share of price of each.
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Answer:
1/5:1/4:1/3 = 60/5:60/4:60/3 = 12:15:20
S : B : M = 12 : 15: 20
=> S = 12x B = 15x M = 20x
profit is to be shared in the same ratio of their investment
therefore 12x + 15x + 20x = 4700
=> 47 x = 4700
=> x = 100
therefore shares of Sukdev = 12x = 12×100 = 1200
Basudev = 15x = 15×100 = 1500
Mahadev = 20x = 20×100 = 2000
Answered by
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The ratio of the capitals of Sukdev,Basudev and Mahadev
=: :
=: :
=12 : 15 : 20
Total profit= Rs 4700
Now,let the share of Sukdev,Basudev and Mahadev be = 12x ,15x and 20x
By conditions,
Now,by putting the value of x, we get,
Share of Sukdev
= 12x
= 12 × 100
= Rs1200
Share of Basudev
= 15x
= 15 × 100
= Rs1500
Share of Mahadev
= 20x
= 20 × 100
= Rs2000
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