Question

Three friends took loans of Rs 6000, Rs 8000 and Rs 5000 respectively from a co-operative bank on the condition that they would not have to pay interest, if they would repay their loan within two years. They invested the money to purchase 4 cycle rickshaw. After two years they made a profit of Rs 30400 excluding all the expenses. They divided the profit among themselves in the ratio of their capitals and repaid back their individual loans amount to the bank. Let us write by calculating the amount of their individual share and the ratio of their shares.​

Answer 1

Answer:

Given :-

• Three friends took loans of Rs. 6000, Rs. 8000 and Rs. 5000 respectively from a co-operative bank on the condition that they would not have to pay interest, if they would repay their loan within two years. They invested the money to purchase 4 cycle rickshaw. After two years they made a profit of Rs. 30400 excluding all the expenses. They divided the profit among themselves in the ratio of their capitals and repaid back their individual loans amount to the bank.

Find Out :-

• The amount of their individual share and the ratio of their shares.

Solution :-

Ratio of their principal of there friends,

➛ 6000 : 8000 : 5000

➛ 6 : 8 : 5

Then,

★ 1st friend will get,

⇒ $\dfrac{6}{19} \times 30400$

⇒ Rs 9600

★ 2nd friend will get,

⇒ $\dfrac{8}{19} \times 30400$

⇒ Rs 12800

★ 3rd friend will get,

⇒ $\dfrac{5}{19} \times 30400$

⇒ Rs 8000

As, they repay their individual bank loan after getting profit,

So, the amount remaining for 1st friend,

↦ 9600 - 6000

↦ Rs 3600

Amount remaining for 2nd friend,

↦ 12800 - 8000

↦ Rs 4800

Amount remaining for 3rd friend,

↦ 8000 - 5000

↦ Rs 3000

∴ Ratio of their remaining amount,

➛ 3600 : 4800 : 3000

➡ 36 : 48 : 38

∴ The amount of their individual share and the ratio of their shares is 36 : 48 : 38.

Answer 2

Answer:

Refer the attachment. Hope it helps

Step-by-step explanation:

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