Question
'X' and 'Y' started a business by investing Rs.(p + 400)
and Rs.(2p - 800), respectively. If at the end of the year, profit share of 'X' was Rs.18,000 out of total profit of Rs.42,000, then find the amount invested by 'Y'Solution
ATQ, Let the amount invested by X be (p + 400) and the amount invested by Y be (2p - 800). Total profit = Rs. 42,000 X's profit share = Rs. 18,000 So, Y's profit share = Total profit - X's profit share Y's profit share = Rs. 42,000 - Rs. 18,000 Y's profit share = Rs. 24,000 Now, we know that profit is distributed in proportion to the amount invested. Therefore, we can set up the following equation: (X's investment) / (Y's investment) = (X's profit share) / (Y's profit share) Substitute the values: [(p + 400)] / [(2p - 800)] = 18,000 / 24,000 (p + 400) / (2p - 800) = 3/4 4(p + 400) = 3(2p - 800) 4p + 1600 = 6p - 2400 1600 = 2p - 2400 2p = 4000 p = 2000 Now that we have found the value of p, we can find the amount invested by Y: Y's investment = 2p - 800 Y's investment = 2(2000) - 800 Y's investment = 4000 - 800 Y's investment = Rs. 3200 So, the amount invested by Y is Rs. 3200.
In what year was the Hindu Marriage Act enacted?
Which amendment to the Indian Constitution added the Ninth Schedule?
Which Article of the Indian Constitution Establishes the Structure of Parliament?
If a Panchayat is dissolved, elections are to be held within –
The 61st Amendment to the Constitution of India ______.
Who is the constitutional head of the Government of India?
Which Article of the Indian Constitution deals with the establishment of the Finance Commission?
Which article of the Indian Constitution is associated with the Finance Commission?
The Constitution (101st) Amendment Act, 2016 pertains to which of the following?
According to Article 100 of the Indian Constitution, what fraction of members constitutes the quorum for meetings of either House of Parliament?