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Avani, ashlesha and anushree thought of engaging themselves in joint business after completion of their MBA. It was agreed that Avani would invest Rs. 7000 for 5 months, Ashlesha Rs. 6200 for 8 months and Anushree Rs. 10000 for 2 months. Avani wants to be the working member for which she is going to receive the 7% of the profit. The total profit earned by them is Rs. 45000. Find the share of Ashlesha?

Avani, ashlesha and anushree thought of engaging themselves in joint business after completion of their MBA. It was agreed that Avani would invest Rs. 7000 for 5 months, Ashlesha Rs. 6200 for 8 months and Anushree Rs. 10000 for 2 months. Avani wants to be the working member for which she is going to receive the 7% of the profit. The total profit earned by them is Rs. 45000. Find the share of Ashlesha? Correct Answer Rs. 19844.74

Avani is working partner, so she is going to receive 7% of 45000 = Rs. 3150

Remaining balance = (45000 – 3150) = Rs. 41850

Ratio of investment = (7000 × 5) ∶ (6200 × 8) ∶ (10000 × 2)

⇒ Ratio of their investment = 350 ∶ 496 ∶ 200 = 175 ∶ 248 ∶ 100

∴ Ashlesha’s share = (248/523) × 41850 = Rs. 19844.74

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