Class 12 Exam > Class 12 Questions > Aakash receives 3/4 share of Vikas and suhas ...
Start Learning for Free
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?
Most Upvoted Answer
Aakash receives 3/4 share of Vikas and suhas receive half part of shar...
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
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
Community Answer
Aakash receives 3/4 share of Vikas and suhas receive half part of shar...
Is this question of science stream???
|
Explore Courses for Class 12 exam
|
|
Similar Class 12 Doubts
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 Description
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? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about 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? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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?.
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? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about 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? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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?.
Solutions for 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? in English & in Hindi are available as part of our courses for Class 12.
Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.
Here you can find the meaning of 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? defined & explained in the simplest way possible. Besides giving the explanation of
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?, a detailed solution for 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? has been provided alongside types of 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? theory, EduRev gives you an
ample number of questions to practice 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? tests, examples and also practice Class 12 tests.
|
|
Explore Courses for Class 12 exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup