English

Ramesh, Vivek and Sunil Started a Business by Investing Capitals in the Ratio 4 : 5 : 6. After 3 Months Vivek Withdrew All His Capital and After 6 Months Sunil Withdrew All His Capital from the - Mathematics and Statistics

Advertisements
Advertisements

Question

Ramesh, Vivek, and Sunil started a business by investing capital in the ratio 4 : 5 : 6. After 3 months Vivek withdrew all his capital and after 6 months Sunil withdrew all his capital from the business. At the end of the year, Ramesh received ₹ 6,400 as profit. Find the profit earned by Vivek.

Sum

Solution

The ratio of their capital is 4 : 5 : 6
Period of investments are in the ratio 12 : 3 : 6
∴ Profit is distributed in the ratio 4 × 12 : 5 × 3 : 6 × 6
48 : 15 : 36
i.e, 16 : 5 : 12
Total 16 + 5 + 12 = 33
Now given that Ramesh profit is ₹ 6400
∴ Ramesh share in the profit`=16/33xx`Total Profit

`6400=16/33xx` Total Profit

Total profit = 13,200 

Now Vivek share in the profit =`5/33xx13200` 

= Rs 2000

and Sunil share in the profit = `12/33xx13200` 

= Rs 4800

shaalaa.com
  Is there an error in this question or solution?
2017-2018 (March)

APPEARS IN

Video TutorialsVIEW ALL [1]

RELATED QUESTIONS

An agent charges 12% commission on the sales. What does he earn if the total sale amounts to Rs. 36,000? What does the seller get?     


The present worth of the sum of Rs. 5,830, due 9 months hence, is Rs. 5,500. Find the rate of interest.


A bill was drawn on 12th April for 3,500 and was discounted on 4th July at 5% p.a. If the banker paid 3,465 for the bill. Find period of the bill. 


A person bought a television set paying ₹ 20,000 in cash and promised to pay ₹ 1,000 at the end of every month for the next 2 years. If the money is worth 12% p.a. converted monthly, what is the cash price of the television set? 
[(1.01)-24 = 0.7884]


A manufacturer can sell x items (x > 0) at a price of Rs.(280 - x) each. The cost of producing x items is Rs. (x2 + 40x + 35). Find the number of items to be sold so that the manufacturer can make maximum profit.


If the present worth of a bill due 6 months hence is Rs. 2,500 at 10% per annum, what is the true discount ?


An article is marked at Rs. 1500. A trader allows a discount at 3% and still gains 20% on the cost. Find the cost price of the article.


A wholesaler allows 25% trade discount and 5% cash discount.  Find the list price of an article, if it was sold for the net amount of Rs 1,140.


If the difference between true discount and banker's discount on a sum due 4 months hence is Rs 20,  find true discount, banker's discount and amount of the bill, the rate of simple interest charged being 5% p.a .


A bill of Rs.7,500 was discounted for Rs. 7,290 at a bank on 28th October 2006. If the rate of interest was 14% p.a., what is the legal due date ?


If the Crude Death Rate (CDR) for the following data is 13.4 per thousand, find x:

Age groups
(in years)
Population Number of deaths
0 - 20 40,000 350
20 - 65 65,000 650
65 and above  15,000 x

Find accumulated value after 1 year of annuity immediate in which Rs 20,000 is invested every quarter, at .16% p.a. compounded quarterly.
[Given : (1.04)4 = 1.1699]


What is the sum due of ₹5,000, due 4 months, hence at 12.5% p.a. simple interest? 


A wholesaler allows 25% trade discount and 5% cash discount, what will be the net price of an article marked at ₹1,600? 


Three cars were sold through an agent for Rs 1,60,000, Rs1,48,000 and Rs 1,50,000 respectively. The rates of commission were 17 .5% on the first, and 12.5% on the second. If on the whole, the agent received 14% commission on the total sales, find the rate of commission paid on the third car.


Find the true discount, banker's discount and banker's gain on a bill of Rs. 36,600 due 4 months hence at 5% p.a.


A Banker's discount calculated for 1 year is 26 times his gain. Find the rate or interest.


Find tha agents commission at 15% on the first premium if he places insurance for Rs 2,00,000 on the life of a person, the premium being at the rate of Rs 35 per thousand, per annum, paid annually.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×