Question
‘X’ started a business with a capital of Rs. 30000.
After 3 months, ‘Y’ joined the business with a capital of Rs. 25000. 6 months after ‘Y’, ‘Z’ joined the business with a capital of Rs. 40000. If the profit received by ‘Y’ 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 ‘X’, ‘Y’, and ‘Z’ = (30000 × 12):(25000 × 9):(40000 × 3) = 360000:225000:120000 = 24:15:8 Total ratio parts = 24 + 15 + 8 = 47 Profit received by ‘Y’ = Rs. 4500 Total profit=4500× (47/15) =Rs.14100
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