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A ,B and C started a business with an invested amount 66,000, 72,000 and 90,000.At the end of 1 year the profit is distributed among them.If B receive profit as 22,000 then what will be the total profit ?
- a)69,600
- b)69,666.66
- c)69,666
- d)69,500.66
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
A ,B and C started a business with an invested amount 66,000, 72,000 a...
Answer – B) 69,666.66 Explanation : 66:72:90 => 11 : 12 : 15
B=> 12x = 22000 Total profit = 38/12 ×22,000 = 69666.66
B=> 12x = 22000 Total profit = 38/12 ×22,000 = 69666.66
Most Upvoted Answer
A ,B and C started a business with an invested amount 66,000, 72,000 a...
Given:
Investment of A = 66,000
Investment of B = 72,000
Investment of C = 90,000
Profit received by B = 22,000
To Find: Total Profit
Let the total profit be x.
As the profit is distributed among A, B, and C in the ratio of their investments, we can find their shares in the profit using the following formula:
Share of A = (Investment of A / Total Investment) * Total Profit
Share of B = (Investment of B / Total Investment) * Total Profit
Share of C = (Investment of C / Total Investment) * Total Profit
Given that B received a profit of 22,000, we can write:
Share of B = 22,000
Using the above formula, we can write:
(Investment of B / Total Investment) * Total Profit = 22,000
Substituting the values, we get:
(72,000 / (66,000 + 72,000 + 90,000)) * x = 22,000
Simplifying the equation, we get:
0.24x = 22,000
x = 22,000 / 0.24
x = 91,666.66
Therefore, the total profit is 91,666.66.
Hence, the correct option is B) 69,666.66.
Investment of A = 66,000
Investment of B = 72,000
Investment of C = 90,000
Profit received by B = 22,000
To Find: Total Profit
Let the total profit be x.
As the profit is distributed among A, B, and C in the ratio of their investments, we can find their shares in the profit using the following formula:
Share of A = (Investment of A / Total Investment) * Total Profit
Share of B = (Investment of B / Total Investment) * Total Profit
Share of C = (Investment of C / Total Investment) * Total Profit
Given that B received a profit of 22,000, we can write:
Share of B = 22,000
Using the above formula, we can write:
(Investment of B / Total Investment) * Total Profit = 22,000
Substituting the values, we get:
(72,000 / (66,000 + 72,000 + 90,000)) * x = 22,000
Simplifying the equation, we get:
0.24x = 22,000
x = 22,000 / 0.24
x = 91,666.66
Therefore, the total profit is 91,666.66.
Hence, the correct option is B) 69,666.66.
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A ,B and C started a business with an invested amount 66,000, 72,000 and 90,000.At the end of 1 year the profit is distributed among them.If B receive profit as 22,000 then what will be the total profit ?a)69,600b)69,666.66c)69,666d)69,500.66e)None of theseCorrect answer is option 'B'. Can you explain this answer?
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