Question
X and Y invested Rs. 20000 and Rs. 30000 respectively
into a business. After 4 months, Z joined them with Rs. 25000. If the total profit at the end of the year is Rs. 11000, how much profit could Z have earned at most?Solution
ATQ,
To earn the maximum share, Z should join immediately after 4 months. Profit ratio of X:Y:Z = (20000 × 12):(30000 × 12):(25000 × 8) = 240000:360000:200000 = 24:36:20 Total ratio = 24 + 36 + 20 = 80 Z’s maximum profit = 20/80 × 11000 = Rs. 2750
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