A, B, C subscribe a sum of Rs. 75,500 for a business. A subscribes Rs. 3,500 more than B, and B subscribes Rs. 4,500 more than C. Out of a total profit of Rs. 45,300, how much (in Rs.) does A receive?
A, B, C subscribe a sum of Rs. 75,500 for a business. A subscribes Rs. 3,500 more than B, and B subscribes Rs. 4,500 more than C. Out of a total profit of Rs. 45,300, how much (in Rs.) does A receive? Correct Answer 17,400
Given:
Total investment = 75500
Profit = 45300
Concept used:
Person’s Profit = Investment × Time period
Calculation:
Let x be the investment of C
C = x ----(1)
B = (x + 4500) ----(2)
A = (x + 4500 + 3500) ----(3)
We know that,
x + (x + 4500) + (x + 4500 + 3500) = 75500
⇒ x + (x + 4500) + (x + 8000) = 75500
⇒ 3x + 12500 = 75500
⇒ 3x = 63000
x = 21000
Put the value of x in equation 1, 2, and 3.
A = 29000
B = 25500
C = 21000
Ratio of Profit = 29000 : 25500 : 21000
⇒ 58 : 51 : 42
A’s share = × 45300
∴ Share of A in the business is Rs. 17400.