Question
X, Y and Z entered into a business. The capital of X and
Y are 40% and 60% more than Zβs capital respectively. If the annual profit is Rs. 21000, what will be Yβs share?Solution
ATQ,
Let Z's capital be Rs. βxβ
Then, Xβs capital = Rs. β1.4xβ and Yβs capital = Rs. β1.6xβ
Profit sharing ratio of X : Y : Z = 1.4x : 1.6x : x = 14 : 16 : 10
Y's share = (16 / (14 + 16 + 10)) Γ 21000 = (16 / 40) Γ 21000 = Rs. 8400
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