Sachin, Girish and Vaibhav start a joint venture wherein they make an annual profit of Rs.3600. Sachin invested one-third of the capital for one-forth of the time ,Girish invested one-forth of the capital for one-half of the time ,while Vaibhav invested remaining of the capital for the entire year. Find the share of Sachin in the profit.
Sachin, Girish and Vaibhav start a joint venture wherein they make an annual profit of Rs.3600. Sachin invested one-third of the capital for one-forth of the time ,Girish invested one-forth of the capital for one-half of the time ,while Vaibhav invested remaining of the capital for the entire year. Find the share of Sachin in the profit. Correct Answer Rs.480
Concept used:
Returns = Investment × time
Calculations:
Let the capital be x.
Investment of Sachin = x/3 × t/4 = xt/12
Investment of Girish = x/4 × t/2 = xt/8
Investment of Vaibhav = 5x/12 × t
Profit is to be shared in the ratio xt/12 ∶xt/8 ∶ 5xt/12
∴ 2 ∶ 3 ∶ 10
Share of Sachin in the profit = (2 × 3600)/15 = Rs.480
∴ Share of Sachin in profit is Rs.480.
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Feb 20, 2025