Question
Deepak, Mohit, and Sneha started a business with initial
investments in the ratio 3:4:6 respectively. After one year, Sneha, Deepak, and Mohit made additional investments in the ratio 5:3:2 respectively. Deepak is the active working partner, so 10% of the profit is given to him for managing the business, and the rest is distributed among them in the ratio of their investments. Find the profit share of Deepak out of the total profit of Rs. 4,000 after two years.Solution
According to the question: Initial investments of Deepak, Mohit, and Sneha: Rs. 3x, Rs. 4x, and Rs. 6x respectively. Additional investments of Sneha, Deepak, and Mohit: Rs. 5y, Rs. 3y, and Rs. 2y respectively. Ratio of their profits: (3x + 3y):(4x + 2y):(6x + 5y) = (6x + 3y):(8x + 2y):(11x + 5y) Profit share of Deepak for being an active working partner = 0.10 Ă— 4000 = Rs. 400 Profit share of Deepak for his investment = 0.90 Ă— 4000 Ă— (6x + 3y)/(25x + 10y) = Rs. 960 Total amount of profit received by Deepak = 400 + 960 = Rs. 1360
Which city is famous for the historical monument, Buland Darwaza?
Who is the newly appointed MD and CEO of Aditya Birla Capital?
Agricultural labour productivity is maximum in?
When is World Rose day observed annually?
Which of the following social media platforms has launched a feature “alert” to find the missing children?
Which of the following projects is part of the National Industrial Corridor Development Programme (NICDP) approved by the Union Cabinet?
Virzu Studios in cooperation with MIDAS Deals Pvt Ltd has released the motion poster of its upcoming graphic novel, Atharva – The Origin, who is t...
Which planet is known as the 'Morning Star' or the 'Evening Star'?
Which mild base is used for relief after being stung by a honey bee?
The Ryder Cup is associated with which sport?Â