Elitmus
Exam
abhisek and aish enter into a partnership by investing 740 and 330 rupees respectively. at the end of one year, they divided their profits such that a half of the profit is divided equally for the efforts they have put into the business and the remaining amount of profit is divided in the ratio of the investments they made in the business. If abishek received 820 rs. more than aishwarya did, what was the profit made by their business in the year(round of to nearest multiple of 50)
a 4300
b 4250
c 4200
d 4150
Read Solution (Total 3)
-
- 4300
The difference in amt is due to investment only.
so they received Rs 1480 and 660 out of half the profit of Rs 2140.
so total profit = 2*2140 = Rs 4280 or Rs 4300 approx. - 11 years agoHelpfull: Yes(10) No(8)
- let the profit for abhishek is x and aish is y then total profit is x+y
(x+y)/2 is put in business efforts and (x+y)/2 is put in investments
so (x+y)/4 is amount received by each of them for business efforts
abhi gets 37/107(x+y) from the other half and 33/214(x+y)
now atq (x+y)/4 + 37/107(x+y)=(x+y)/4 + 33/214(x+y)+ 820
solving it we get (x+y)=4280 so ans is 4300 - 11 years agoHelpfull: Yes(10) No(1)
- Let the profit is P.
they divided into half so, p/2 and p/2 .
half of the profit they divided equally so they got p/4 and p/4, and other half of the profit divided into the ratio.
(740/1070)*(p/2) + (p/4) = (330/1070) * (p/2) + (p/4) + 820
after solving this you will get 4280 and we will have to take round of to nearest multiple of 50 ; so , 4300 Rs. - 9 years agoHelpfull: Yes(3) No(0)
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