Question
J, K and L enter into partnership with capital
contributions of Rs 30,000, Rs 45,000 and 25,000 respectively. J is the working partner and he gets 30% of the profit for managing the business. The balance profit is distributed in proportion to their capital investments. At the year-end, J gets Rs 400 more than K and L together. Find the share of each?Solution
Profit Sharing Ratio of Partners J:K:L = 6:9:5 (their investment ratio) Let the total profit be = 100 J Share of profit = 30% of 100 + 6/20 of (70% of 100)                 = 30 + 6/20 × 70 = 51 K and L share of Profit = (100 – J’s Share) = 100 – 51 = 49 Difference (51 - 49) = Rs 400 2 unit = 400 100 unit = 20000 Therefore total profit earned = Rs. 20000 Calculation of each partners share of profit J’s 30% profit = 20000 × 30% = 6000 Remaining 14000 (20000-6000) will be distributed among all the partners In their respective investment ratio J’s Share = 6000 + 6/20 of 14000 = 10,200 K’s Share = 9/20 of 14000 = 6,300 L’s Share = 5/20 of 14000 = 3,500
Find the difference between angle and its complement if the angle is three-seventh of its complement.
A triangular field has sides 13 m, 14 m, and 15 m. A well with a diameter of 7 m is dug outside the field. If the entire soil dug from the well is used ...
If O is circumcentre of acute angled triangle ABC, if ∠ OBC = 150 then ∠BAC = ?
Find the area of triangle having sides in the ratio 3:5:7 & the perimeter of the triangle is 60 cm
If I is the incentre of ΔABC , if ∠BAC = 300 , then what is the measure of ∠BIC?
At the centre of a circle of 20 cm radius, the angle made by an arc of 24(4/9) cm length is
Orthocenter of an right angle triangle lies on
Angles of a triangle are in the ratio 3 : 5 : 10. Find the sum of the smallest and middle angle of the triangle.
The diagonals of a rectangle are inclined to one side of the rectangle at 25°. The acute angle formed between the diagonals is:
Relevant for Exams:
