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Jalal, Amit, and Feroz enter into a partnership. Jalal invests 4 times as much as Amit and Amit invest ¾ of what Feroz invests. At the end of the financial year, the total profit earned is Rs. 19,000. Find the share for Jalal?
  • a)
    Rs. 15,000
  • b)
    Rs. 12,000
  • c)
    Rs. 13,000
  • d)
    Rs. 10,000
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Jalal, Amit, and Feroz enter into a partnership. Jalal invests 4 times...
Let the investment of Jalal, Amit and Feroz be x, y and z
Given that invests 4 times as much as Amit and Amit invests ¾ of what Feroz invests.
⇒ x = 4y and y = 3/4 z
Given that total profit at the end of year is Rs.19000
⇒ x + y + z = 19000
⇒ 4y + y + 4y/3 = 19,000
⇒ 12y + 3y + 4y = 57,000
⇒ 19y = 57,000
⇒ y = 3,000
Jalal investment (x) = 4y = 4 (3, 000) = Rs.12,000
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Most Upvoted Answer
Jalal, Amit, and Feroz enter into a partnership. Jalal invests 4 times...
Understanding the Partnership Investments
To solve the problem, we need to establish the relationships between the investments of Jalal, Amit, and Feroz.
Investment Relations
- Let Amit's investment be A.
- Jalal invests 4 times as much as Amit:
Jalal's investment = 4A.
- Amit invests ¾ of what Feroz invests:
Feroz's investment = (4/3)A.
Total Investment Calculation
Now, we can compute the total investment of all three partners:
- Total Investment = Jalal's Investment + Amit's Investment + Feroz's Investment
Total Investment = 4A + A + (4/3)A
To combine these, we convert to a common denominator:
Total Investment = (12A/3) + (3A/3) + (4A/3)
Total Investment = (19A/3).
Profit Sharing
The profit is distributed in proportion to their investments. Given that the total profit is Rs. 19,000, we need to determine how much Jalal receives.
- Jalal's share of the profit = (Jalal's Investment / Total Investment) * Total Profit
- Jalal's share = (4A / (19A/3)) * 19000
- Simplifying gives:
Jalal's share = (4 * 3/19) * 19000
Jalal's share = (12/19) * 19000.
Calculating Jalal's Share
Now, we calculate Jalal's share explicitly:
- Jalal's share = (12 * 19000) / 19
- Jalal's share = 228000 / 19
- Jalal's share = 12000.
Thus, the share for Jalal is Rs. 12,000.
Conclusion
The correct answer is option 'B' - Rs. 12,000.
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Jalal, Amit, and Feroz enter into a partnership. Jalal invests 4 times as much as Amit and Amit invest ¾ of what Feroz invests. At the end of the financial year, the total profit earned is Rs. 19,000. Find the share for Jalal?a)Rs. 15,000b)Rs. 12,000c)Rs. 13,000d)Rs. 10,000Correct answer is option 'B'. Can you explain this answer?
Question Description
Jalal, Amit, and Feroz enter into a partnership. Jalal invests 4 times as much as Amit and Amit invest ¾ of what Feroz invests. At the end of the financial year, the total profit earned is Rs. 19,000. Find the share for Jalal?a)Rs. 15,000b)Rs. 12,000c)Rs. 13,000d)Rs. 10,000Correct answer is option 'B'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about Jalal, Amit, and Feroz enter into a partnership. Jalal invests 4 times as much as Amit and Amit invest ¾ of what Feroz invests. At the end of the financial year, the total profit earned is Rs. 19,000. Find the share for Jalal?a)Rs. 15,000b)Rs. 12,000c)Rs. 13,000d)Rs. 10,000Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Jalal, Amit, and Feroz enter into a partnership. Jalal invests 4 times as much as Amit and Amit invest ¾ of what Feroz invests. At the end of the financial year, the total profit earned is Rs. 19,000. Find the share for Jalal?a)Rs. 15,000b)Rs. 12,000c)Rs. 13,000d)Rs. 10,000Correct answer is option 'B'. Can you explain this answer?.
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