Question
βXβ started a business with a capital of Rs. 30000.
After 3 months, βYβ joined the business with a capital of Rs. 25000. 6 months after βYβ, βZβ joined the business with a capital of Rs. 40000. If the profit received by βYβ at the end of the year is Rs. 4500, then find the total profit received by all three at the end of the year.Solution
ATQ, Respective ratio of the profits received by βXβ, βYβ, and βZβ = (30000 Γ 12):(25000 Γ 9):(40000 Γ 3) = 360000:225000:120000 = 24:15:8 Total ratio parts = 24 + 15 + 8 = 47 Profit received by βYβ = Rs. 4500 Total profit=4500Γ (47/15) =Rs.14100
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