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.
Which was the first state of India to introduce the Panchayati Raj?
Match the following:
List-1 (District) Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â List-II (Year of Formation)
a) Haridwar         ...
Who was appointed as the chairman of the Expert Committee constituted by the Reserve Bank of India on August 7, 2020, to make recommendations on financi...
Which is the first State in India to have water policy?
Who wrote Animal Farm and into what category can this work be classified?
Which of the following is/are not a part of transfer payments?
1. Remittances received by people residing in India
2. Imported Petrochemic...
Who among the following leaders was known as ‘Deshbandhu’?
Which one of the following Articles of the Constitution of India prohibits employment of children in factory or mine or any other hazardous employment?
The ‘Har Ghar Jal Yojana’ was launched by the Prime Minister to provide water over _____ villages in Uttar Pradesh?
The Huttari dance, observed as an annual tradition, is a leisurely performance that takes place during the harvesting season in _____________.