A and B started a business by investing in the ratio of 2 : 3. After 2 months, C joined them by investing 120% of A’s capital and after 2 more months, D joined them by investing 112.5% of A’s capital. After 6 more months, B withdraws his whole capital. If after 1 year the difference between profit shares of A and B together and that of C and D together is Rs. 7000, then find the total profit.

A and B started a business by investing in the ratio of 2 : 3. After 2 months, C joined them by investing 120% of A’s capital and after 2 more months, D joined them by investing 112.5% of A’s capital. After 6 more months, B withdraws his whole capital. If after 1 year the difference between profit shares of A and B together and that of C and D together is Rs. 7000, then find the total profit. Correct Answer Rs. 56000

Let the capitals of A and B be 2x and 3x respectively.

So, the capital of C = 2x × 120/100 = 12x/5

And the capital of D = 2x × 112.5/100 = 9x/4

Now, the ratio between the profit shares of A, B, C and D:

: : :

24x : 30x : 24x : 18x

4 : 5 : 4 : 3

Again let the profit shares of A, B, C and D be 4y, 5y, 4y and 3y respectively.

According to the question:

(A + B) - (C + D) = 7000

(4y + 5y) - (4y + 3y) = 7000

y = 3500

So, the total profit = (4 + 5 + 4 + 3) × 3500 = Rs. 56000

Related Questions

Each question below is followed by two statements I and II. You have to determine whether the data given in the statements are sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer. What is the amount received by Shimona? I. Samarth and Shimona started a business with an investment in the ratio of 5 ∶ 4. After 4 months Sujoy joined their business with an amount 20% more than that of Samarth after 2 more months Shimona took out 25% of her investment. The total profit obtained after the end of year is Rs.25000. II. Samarth invested Rs.7000 more than that of Shimona. Sujoy invested 9000 more than Samarth and the difference between the profit earned by them is Rs.2000.