Question

three partners altogether invested of rs 14000 in a business. at the end of the year one got rs 227.50,the second rs 1125.00 and the third rs 637.50 as profit. how much amount did each invest? what is the percentage of profit?

Answer 1

Answer:

Investment of Each Partner: Rs 1600.50 , Rs 7914.57  and Rs 4484.92

Percentage of profit to investment:  14.21%

Explanation:

First, we must compute the total profit of the partners.

Partner A= Rs 227.50

Partner B= Rs 1125.00

Partner C= Rs 637.50

Total Profit= Rs 1990

Then we compute for their contribution using the equation:

(Partner’s profit x Total Profit) x Initial investment= Partner’s contribution

Partner A=(Rs 227.50/ Rs 1990) x Rs 14000= Rs 1600.50

Partner B= (Rs 1125.00/Rs 1990) x Rs 14000=Rs 7914.57

Partner C= (Rs 637.50/Rs 1990) x Rs 14000=Rs 4484.92

The percentage of profit to investment is

Rs 1990/ Rs 14000 x 100% = 14.21%