Question
X, Y, Z enter into partnership with capital
contribution Rs. 50000, 20000 and 30000 respectively X is working partner of get 20% of profit for managing the business. The remaining profit is distributed in the respect of capital. If At the end of a year X gets Rs. 300 more than Y and Z, then find total profit is?Solution
Ratio of investment of X, Y and Z = 50 : 25 : 30 = 10 : 4 : 6 Let total profit be 100%. After 20% given to X, Value of 1 unit = 80%/20 = 4% => (20 + 10 × 4 – (6+4) × 4)% = 300 ∴ Total profit = Rs. 1500
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