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A , B and C subscribe Rs. 70,000 for a business .B subscribe Rs.5000 more than A and C subscribe Rs.6000 more than B. Out of total profit of Rs. 40,000 , A receive (approximately)
- a)10,285
- b)10,286
- c)10,284
- d)10,268
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
A , B and C subscribe Rs. 70,000 for a business .B subscribe Rs.5000 m...
Answer -B) 10,286 Explanation : A = X; B = X+5000 ; C=X+11000
X+X+5000+X+11000 = 70000
X = 70000-16000/3 = 18000
A : B : C = 18,000 : 23,000 : 29,000 = 18 : 23 : 29
A profit = 40,000×(18/70) =10,285.71= 10,286
X+X+5000+X+11000 = 70000
X = 70000-16000/3 = 18000
A : B : C = 18,000 : 23,000 : 29,000 = 18 : 23 : 29
A profit = 40,000×(18/70) =10,285.71= 10,286
Most Upvoted Answer
A , B and C subscribe Rs. 70,000 for a business .B subscribe Rs.5000 m...
Given:
A + B + C = Rs.70,000
B = A + Rs.5,000
C = B + Rs.6,000
Total profit = Rs.40,000
To find:
The amount A receives from the total profit.
Solution:
Let's first find the values of A, B, and C.
From the given information:
B = A + Rs.5,000
C = B + Rs.6,000
Substituting the value of B in C, we get:
C = (A + Rs.5,000) + Rs.6,000
C = A + Rs.11,000
Now, substituting the values of B and C in the first equation, we get:
A + (A + Rs.5,000) + (A + Rs.11,000) = Rs.70,000
3A + Rs.16,000 = Rs.70,000
3A = Rs.54,000
A = Rs.18,000
So, A invested Rs.18,000 in the business.
B invested Rs.23,000 (i.e. A+Rs.5,000)
C invested Rs.29,000 (i.e. B+Rs.6,000)
Now, to find the share of A in the total profit of Rs.40,000, we need to find the ratio of A's investment to the total investment and multiply it by the total profit.
A's share = (A's investment / Total investment) * Total profit
A's share = (18,000 / 70,000) * 40,000
A's share = Rs.10,285 (approximately)
Hence, the correct option is (B) 10,286.
A + B + C = Rs.70,000
B = A + Rs.5,000
C = B + Rs.6,000
Total profit = Rs.40,000
To find:
The amount A receives from the total profit.
Solution:
Let's first find the values of A, B, and C.
From the given information:
B = A + Rs.5,000
C = B + Rs.6,000
Substituting the value of B in C, we get:
C = (A + Rs.5,000) + Rs.6,000
C = A + Rs.11,000
Now, substituting the values of B and C in the first equation, we get:
A + (A + Rs.5,000) + (A + Rs.11,000) = Rs.70,000
3A + Rs.16,000 = Rs.70,000
3A = Rs.54,000
A = Rs.18,000
So, A invested Rs.18,000 in the business.
B invested Rs.23,000 (i.e. A+Rs.5,000)
C invested Rs.29,000 (i.e. B+Rs.6,000)
Now, to find the share of A in the total profit of Rs.40,000, we need to find the ratio of A's investment to the total investment and multiply it by the total profit.
A's share = (A's investment / Total investment) * Total profit
A's share = (18,000 / 70,000) * 40,000
A's share = Rs.10,285 (approximately)
Hence, the correct option is (B) 10,286.
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Community Answer
A , B and C subscribe Rs. 70,000 for a business .B subscribe Rs.5000 m...
Answer -B) 10,286 Explanation : A = X; B = X+5000 ; C=X+11000
X+X+5000+X+11000 = 70000
X = 70000-16000/3 = 18000
A : B : C = 18,000 : 23,000 : 29,000 = 18 : 23 : 29
A profit = 40,000×(18/70) =10,285.71= 10,286
X+X+5000+X+11000 = 70000
X = 70000-16000/3 = 18000
A : B : C = 18,000 : 23,000 : 29,000 = 18 : 23 : 29
A profit = 40,000×(18/70) =10,285.71= 10,286
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A , B and C subscribe Rs. 70,000 for a business .B subscribe Rs.5000 more than A and C subscribe Rs.6000 more than B. Out of total profit of Rs. 40,000 , A receive (approximately)a)10,285b)10,286c)10,284d)10,268e)None of theseCorrect answer is option 'B'. Can you explain this answer?
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