Aakash receives 3/4 share of Vikas and suhas receive half part of share of Vikas. If profit of the firm is rupees 55000 find the profit amount received by each partner?

Question

Answer

Solution:

Given,
Aakash's share = 3/4 of Vikas's share
Suhas's share = 1/2 of Vikas's share
Total Profit = Rs. 55000

Let's assume Vikas's share = x
Then,
Aakash's share = 3/4 x
Suhas's share = 1/2 x

Adding all their shares, we get
Total Share = x + 3/4 x + 1/2 x
Total Share = 11/4 x

Now, we can find the value of x by using the below formula
Total Profit = (Total Share / Total Shares of the partners) * Total Investment

Substituting the values,
55000 = (11/4 x) / (3/4 x + 1/2 x + x) * Total Investment
55000 = (11/4 x) / (11/4 x) * Total Investment
Total Investment = Rs. 200000

Now, we can find each partner's profit by using their respective shares and total investment
Aakash's Profit = (3/4 x / 11/4 x) * 200000 = Rs. 150000
Suhas's Profit = (1/2 x / 11/4 x) * 200000 = Rs. 100000
Vikas's Profit = (x / 11/4 x) * 200000 = Rs. 250000

Therefore, each partner's profit is as follows:
- Aakash's Profit = Rs. 150000
- Suhas's Profit = Rs. 100000
- Vikas's Profit = Rs. 250000

Answer

Is this question of science stream???

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