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Q:

Two partners investede Rs. 1250 and Rs. 850 respectively in a business. They distributed 60% of the profit equally and decide to distribute the remaining 40% as the ratio of their capitals. If one partner received Rs. 30 more than the other, find the total profit?

Answer

Let the total profit be Rs.x

60% of the profit = $\inline \frac{60}{100}\times x=Rs.\frac{3x}{5}$

from this part of the profit each gets = Rs. $\inline \frac{3x}{10}$

40% of the profit = $\inline \frac{40}{100}\times x=Rs.\frac{2x}{5}$

Now, this amount of Rs. $\inline \frac{2x}{5}$ has been divided in the ratio of capitals 1250 : 850 = 25 :17

$\inline \therefore$ Share on first capital = $\inline (\frac{2x}{5}\times \frac{25}{42})=Rs.\frac{5x}{21}$

Share on second capital = $\inline (\frac{2x}{5}\times \frac{17}{42})=Rs.\frac{17x}{105}$

Total money received by 1st investor = $\inline [\frac{3x}{10}+\frac{5x}{21}]= Rs.\frac{113x}{210}$

Total money received by 2nd investor = $\inline [\frac{113x}{210}+\frac{97x}{210}]=Rs.\frac{97x}{210}$

$\inline \therefore$ x = 393.75

Hence total profit = Rs. 393.75

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Subject: Partnership

Q:

A is a working and B is sleeping partners in a business. A puts in Rs. 5000 and B puts in Rs.6000. A receives % of the profit for managing the business and the rest is divided in proportion to their capital. What does each get out of a profit of Rs. 880?

Answer

Total profit = Rs. 880

A's share for managing the business i.e

$\inline 12\frac{1}{2}$ % = $\inline \frac{25\times 880}{200}=Rs.110$

Remaining profit of A and B as per their capital = 880 - 110 = Rs. 770

Ratio of amounts = 5000 : 6000 = 5 : 6

Sum of ratios = 5 + 6 = 11

A's share = $\inline 770\times \frac{5}{11}= Rs.350$

A's total share = 350 + 110 = Rs. 460

B's share = $\inline 770\times \frac{6}{11}=Rs.420$

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Subject: Partnership

Q:

A and B enter into partnership. A supplies whole of the capital amounting to Rs. 45000 with the condition that the profits to be equally divided and that B pays A interest on half of the capital at 10% per annum, but receives Rs. 120 per month for carrying on the concern.Find their total yearly profit when B's income is one half of A's income.

Answer

Let the total profit be Rs. x

Amount paid to B as salary = (120 x 12)

= Rs.1440

Share of each = $\inline (\frac{x-1440}{2})$