Question

X and Y start a business X invests 57,500 and Y30,000. Y manages the business and gets
750 per month as salary and 7% of net profits and the rest is divided between them in the
proportion of their capitals. Find their shares in a gross profit of * 17,750.
[X= 5,347.50, Y = 12,402.50]​

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Answer 1

ratio of investment = 23:12

total profit = 17750

salary for 1 year = 9000

let ammount after giving salary = 8750

now b is given 7% of remaining salary means

7*8750/100

= 612.5

left ammount = 8137.5

now remaining ammount distributed on the basis of their capital so

1 unit = 8137.5/35

1 unit = 232.5

now x Share will be 232.5 *23= 5347.5

and y share will be = 232.5*12 +9000+612.5 = 12402.50

did my best to give simple amd short explanation