Global Statistics

All countries
115,310,029
Confirmed
Updated on March 3, 2021 7:25 am
All countries
91,109,929
Recovered
Updated on March 3, 2021 7:25 am
All countries
2,560,843
Deaths
Updated on March 3, 2021 7:25 am

A, B and C Started a Shop by Investing Rs. 27000, Rs. 72000 and Rs. 81000 Respectively. At the End of the Year, the Profits were Distributed Among Them. If C’s Share of Profit be Rs. 36000, then the Total Profit was?

What are you looking for? Let’s dig in quickly

Explanation

A, B and C started a shop by investing Rs. 27000, Rs. 72000 and Rs. 81000 respectively.

Ratio of investment = A : B : C = 27000 : 72000 : 81000 (or A : B : C = 3 : 8 : 9).

As, we know that profit is distributed among partners according to their investment in a business so to find out total profit we can derive a sub-formula for the general formula mentioned below.

C’s share in profit = (C’s ratio of investment x total profit)/total ratio

Total profit = (C’s share in profit x total ratio)/C’s ratio of investment

After placing values of C’s share in profit (Rs. 36000), total ratio (3 + 8 + 9 = 20) and C’s ratio of investment (9); we can easily find out the total profit which is Rs. 80000.

To Find

Total profit = ?

Solution

  • Investment of A = 27000
  • Investment of B = 72000
  • Investment of C = 81000

A : B : C = 27000 : 72000 : 81000

A : B : C = 3 : 8 : 9     (3 + 8 + 9 = 20)

Total profit = (36000 x 20)/9

Total profit = Rs. 80000 answer

Conclusion

A, B and C started a shop by investing Rs. 27000, Rs. 72000 and Rs. 81000 respectively. At the end of the year, the profits were distributed among them. If C’s share of profit be Rs. 36000, then the total profit will be Rs. 80000 which is our required answer.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot Topics

Mr Khawaja Walked for 45 Minutes at the Rate of 3km/h and then Ran for Half an Hour at a Certain Speed. At the...

Mr Khawaja walked for 45 minutes at the rate of 3km/h. He then ran for half an hour at a certain speed. At the end of...

Mr Faheem has Dinner with His Family at a Restaurant which Offers a 10% Discount on Food. The Marked Price of the Food that...

Mr Faheem has dinner with his family at a restaurant which offers a 10% discount on food. The marked price of the food that they...

How Many Tiles of 20cm2 will be Required to have a Footpath 1m Wide Carried Around the Outside of Grassy Plot 24m Long and...

How many tiles of 20cm2 will be required? To have a footpath 1m wide. Carried around the outside of grassy plot 24m long and 14m broad. Explanation Solution Note:...

Related Articles

Mr Khawaja Walked for 45 Minutes at the Rate of 3km/h and then Ran for Half an Hour at a Certain Speed. At the...

Mr Khawaja walked for 45 minutes at the rate of 3km/h. He then ran for half an hour at a certain speed. At the end of...

Mr Faheem has Dinner with His Family at a Restaurant which Offers a 10% Discount on Food. The Marked Price of the Food that...

Mr Faheem has dinner with his family at a restaurant which offers a 10% discount on food. The marked price of the food that they...

How Many Tiles of 20cm2 will be Required to have a Footpath 1m Wide Carried Around the Outside of Grassy Plot 24m Long and...

How many tiles of 20cm2 will be required? To have a footpath 1m wide. Carried around the outside of grassy plot 24m long and 14m broad. Explanation Solution Note:...
error: Content is protected !!