Nayan, Brijesh and Manan started manufacturing of plastic chair with the investment of Rs. 1,50,000, Rs. 2,52,000 and Rs. 1,15,000 respectively. In investment, Nayan invested money for whole year, Brijesh invested for 10 months and Manan for 6 months. At the end of year, company makes the profit of Rs. 51770. Manan again invested 25% of his profit in company. The remaining amount with Manan from the profit is Rs.
Nayan, Brijesh and Manan started manufacturing of plastic chair with the investment of Rs. 1,50,000, Rs. 2,52,000 and Rs. 1,15,000 respectively. In investment, Nayan invested money for whole year, Brijesh invested for 10 months and Manan for 6 months. At the end of year, company makes the profit of Rs. 51770. Manan again invested 25% of his profit in company. The remaining amount with Manan from the profit is Rs. Correct Answer 5347.5
Investment of Nayan = Rs. 1,50,000
Investment of Brijesh = Rs. 2,52,000
Investment of Manan = Rs. 1,15,000
Time period of Investment = 12 month
For respective share,
150000 × 12 ∶ 252000 × 10 ∶ 115000 × 6
⇒ 1800 ∶ 2520 ∶ 690
⇒ 180 ∶ 252 ∶ 69 = 60 ∶ 84 ∶ 23
For the profit share of Manan,
Total profit earn by Manan = × 51770 = Rs. 7130
Investment made by Manan from Profit = 25% of profit earn = 0.25 × 7130 = Rs. 1782.5
∴ Amount remaining with Manan from profit = 7130 - 1782.5 = Rs. 5347.5