⚡ Rakhi Special - Flat 52% off on All Courses from 6 to 10 Aug! ⚡ Enroll Now

    Question

    X and Y began a business with Rs. 12,000 and Rs. 15,000

    respectively. After 3 months, X decreased his capital by Rs. 2,000 and Z invested Rs. 10,000 in the business. What is X's share of the total profit of Rs. 31,500 earned at the end of the year?
    A Rs.12,000 Correct Answer Incorrect Answer
    B Rs.10,000 Correct Answer Incorrect Answer
    C Rs.15,200 Correct Answer Incorrect Answer
    D Rs.17,500 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Ratio of profit share of X, Y and Z:

    = (12000 × 3 + 10000 × 9) : (15000 × 12) : (10000 × 9)

    = 21 : 30 : 15

    Therefore, profit share of X = (21 / 66) × 31500 = Rs. 10,000

    Practice Next

    Relevant for Exams:

    ask-question