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