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Dilip, Ram and Avtar started a shop by investing Rs. 2700, Rs. 8100 and Rs. 7200 respectively. At the end of one year, the profit earned was distributed. If Ram's share was Rs. 3600, what was their total profit ?
- a)Rs. 8000
- b)Rs. 10800
- c)Rs. 11600
- d)Data inadequate
Correct answer is option 'A'. Can you explain this answer?
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Dilip, Ram and Avtar started a shop by investing Rs. 2700, Rs. 8100 an...
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Dilip, Ram and Avtar started a shop by investing Rs. 2700, Rs. 8100 an...
Given:
Investment by Dilip = Rs. 2700
Investment by Ram = Rs. 8100
Investment by Avtar = Rs. 7200
Profit earned by Ram = Rs. 3600
To find: Total profit earned by Dilip, Ram, and Avtar
Let's assume the total profit earned by Dilip, Ram, and Avtar is P.
As the profit is distributed in proportion to their investments, we can calculate the ratio of their investments.
Ratio of investments:
Dilip : Ram : Avtar = 2700 : 8100 : 7200
Simplifying the ratio, we get:
Dilip : Ram : Avtar = 1 : 3 : 2
Now, let's calculate the profit received by each person.
Profit received by Dilip = (Dilip's investment / Total investment) * Total profit
Profit received by Dilip = (2700 / (2700 + 8100 + 7200)) * P
Profit received by Dilip = (2700 / 18000) * P
Profit received by Ram = (Ram's investment / Total investment) * Total profit
Profit received by Ram = (8100 / (2700 + 8100 + 7200)) * P
Profit received by Ram = (8100 / 18000) * P
Profit received by Avtar = (Avtar's investment / Total investment) * Total profit
Profit received by Avtar = (7200 / (2700 + 8100 + 7200)) * P
Profit received by Avtar = (7200 / 18000) * P
Given that the profit received by Ram is Rs. 3600, we can equate the profit received by Ram to Rs. 3600 and solve for P.
(8100 / 18000) * P = 3600
8100P = 3600 * 18000
P = (3600 * 18000) / 8100
P = 8000
Therefore, the total profit earned by Dilip, Ram, and Avtar is Rs. 8000.
Hence, the correct answer is option A) Rs. 8000.
Investment by Dilip = Rs. 2700
Investment by Ram = Rs. 8100
Investment by Avtar = Rs. 7200
Profit earned by Ram = Rs. 3600
To find: Total profit earned by Dilip, Ram, and Avtar
Let's assume the total profit earned by Dilip, Ram, and Avtar is P.
As the profit is distributed in proportion to their investments, we can calculate the ratio of their investments.
Ratio of investments:
Dilip : Ram : Avtar = 2700 : 8100 : 7200
Simplifying the ratio, we get:
Dilip : Ram : Avtar = 1 : 3 : 2
Now, let's calculate the profit received by each person.
Profit received by Dilip = (Dilip's investment / Total investment) * Total profit
Profit received by Dilip = (2700 / (2700 + 8100 + 7200)) * P
Profit received by Dilip = (2700 / 18000) * P
Profit received by Ram = (Ram's investment / Total investment) * Total profit
Profit received by Ram = (8100 / (2700 + 8100 + 7200)) * P
Profit received by Ram = (8100 / 18000) * P
Profit received by Avtar = (Avtar's investment / Total investment) * Total profit
Profit received by Avtar = (7200 / (2700 + 8100 + 7200)) * P
Profit received by Avtar = (7200 / 18000) * P
Given that the profit received by Ram is Rs. 3600, we can equate the profit received by Ram to Rs. 3600 and solve for P.
(8100 / 18000) * P = 3600
8100P = 3600 * 18000
P = (3600 * 18000) / 8100
P = 8000
Therefore, the total profit earned by Dilip, Ram, and Avtar is Rs. 8000.
Hence, the correct answer is option A) Rs. 8000.
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Dilip, Ram and Avtar started a shop by investing Rs. 2700, Rs. 8100 and Rs. 7200 respectively. At the end of one year, the profit earned was distributed. If Ram's share was Rs. 3600, what was their total profit ?a)Rs. 8000b)Rs. 10800c)Rs. 11600d)Data inadequateCorrect answer is option 'A'. Can you explain this answer?
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Dilip, Ram and Avtar started a shop by investing Rs. 2700, Rs. 8100 and Rs. 7200 respectively. At the end of one year, the profit earned was distributed. If Ram's share was Rs. 3600, what was their total profit ?a)Rs. 8000b)Rs. 10800c)Rs. 11600d)Data inadequateCorrect answer is option 'A'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about Dilip, Ram and Avtar started a shop by investing Rs. 2700, Rs. 8100 and Rs. 7200 respectively. At the end of one year, the profit earned was distributed. If Ram's share was Rs. 3600, what was their total profit ?a)Rs. 8000b)Rs. 10800c)Rs. 11600d)Data inadequateCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Dilip, Ram and Avtar started a shop by investing Rs. 2700, Rs. 8100 and Rs. 7200 respectively. At the end of one year, the profit earned was distributed. If Ram's share was Rs. 3600, what was their total profit ?a)Rs. 8000b)Rs. 10800c)Rs. 11600d)Data inadequateCorrect answer is option 'A'. Can you explain this answer?.
Dilip, Ram and Avtar started a shop by investing Rs. 2700, Rs. 8100 and Rs. 7200 respectively. At the end of one year, the profit earned was distributed. If Ram's share was Rs. 3600, what was their total profit ?a)Rs. 8000b)Rs. 10800c)Rs. 11600d)Data inadequateCorrect answer is option 'A'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about Dilip, Ram and Avtar started a shop by investing Rs. 2700, Rs. 8100 and Rs. 7200 respectively. At the end of one year, the profit earned was distributed. If Ram's share was Rs. 3600, what was their total profit ?a)Rs. 8000b)Rs. 10800c)Rs. 11600d)Data inadequateCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Dilip, Ram and Avtar started a shop by investing Rs. 2700, Rs. 8100 and Rs. 7200 respectively. At the end of one year, the profit earned was distributed. If Ram's share was Rs. 3600, what was their total profit ?a)Rs. 8000b)Rs. 10800c)Rs. 11600d)Data inadequateCorrect answer is option 'A'. Can you explain this answer?.
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