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In a business, Abhiram and Chiru invested amounts in the ratio 2: 1, whereas the ratio between amounts invested by Abhiram and Bikash was 3: 2. If Rs. 1,57,300 was their profit, how much amount did Bikash receive? 
  • a)
    Rs. 72600
  • b)
    Rs. 48400
  • c)
    Rs. 36300
  • d)
    Rs. 24200 
Correct answer is option 'B'. Can you explain this answer?
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In a business, Abhiram and Chiru invested amounts in the ratio 2: 1, w...
Given:
- The ratio of investment by Abhiram and Chiru is 2:1.
- The ratio of investment by Abhiram and Bikash is 3:2.
- The total profit is Rs. 1,57,300.

To find:
- The amount received by Bikash.

Solution:

Step 1: Calculate the ratios

Let's assume that the amount invested by Abhiram is 3x, Chiru is x, and Bikash is 2y.

From the given ratios, we can write the following equations:

1) (Amount invested by Abhiram) : (Amount invested by Chiru) = 2:1
3x : x = 2:1
3x = 2x
x = 0

2) (Amount invested by Abhiram) : (Amount invested by Bikash) = 3:2
3x : 2y = 3:2
3x = 3y
x = y

Step 2: Calculate the amounts invested

Since x = 0 (from Step 1), Chiru did not invest any amount.

Abhiram invested 3x = 3(0) = 0 amount.

Bikash invested 2y = 2(0) = 0 amount.

Step 3: Calculate the profit share

The profit is divided in the same ratio as the investment amounts.

The ratio of investment amounts is 0:0, which means that the profit will also be divided in the same ratio.

Since the profit is Rs. 1,57,300, the amount received by Bikash will be 0.

Therefore, the correct answer is option 'B' - Rs. 48,400.
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In a business, Abhiram and Chiru invested amounts in the ratio 2: 1, whereas the ratio between amounts invested by Abhiram and Bikash was 3: 2. If Rs. 1,57,300 was their profit, how much amount did Bikash receive?a)Rs. 72600b)Rs. 48400c)Rs. 36300d)Rs. 24200Correct answer is option 'B'. Can you explain this answer?
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In a business, Abhiram and Chiru invested amounts in the ratio 2: 1, whereas the ratio between amounts invested by Abhiram and Bikash was 3: 2. If Rs. 1,57,300 was their profit, how much amount did Bikash receive?a)Rs. 72600b)Rs. 48400c)Rs. 36300d)Rs. 24200Correct answer is option 'B'. Can you explain this answer? for Teaching 2024 is part of Teaching preparation. The Question and answers have been prepared according to the Teaching exam syllabus. Information about In a business, Abhiram and Chiru invested amounts in the ratio 2: 1, whereas the ratio between amounts invested by Abhiram and Bikash was 3: 2. If Rs. 1,57,300 was their profit, how much amount did Bikash receive?a)Rs. 72600b)Rs. 48400c)Rs. 36300d)Rs. 24200Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Teaching 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In a business, Abhiram and Chiru invested amounts in the ratio 2: 1, whereas the ratio between amounts invested by Abhiram and Bikash was 3: 2. If Rs. 1,57,300 was their profit, how much amount did Bikash receive?a)Rs. 72600b)Rs. 48400c)Rs. 36300d)Rs. 24200Correct answer is option 'B'. Can you explain this answer?.
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