Global Statistics

All countries
114,080,058
Confirmed
Updated on February 27, 2021 12:11 pm
All countries
89,604,197
Recovered
Updated on February 27, 2021 12:11 pm
All countries
2,531,189
Deaths
Updated on February 27, 2021 12:11 pm

A and B Started a Business Jointly. A Invests Rs. 16000 for 8 Months and B Remains in the Business for 4 Months. Out of Total Profit, B Claims 2/7 of the Profit. How Much Money was Contributed by B?

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

Explanation

A and B started a business jointly.

A invests Rs. 16000 for 8 months and B remains in the business for 4 months.

A’s total investment for 8 months (8 x 16000 = 128000) will be 128000.

B invests (let suppose “Rs. y”) for 4 months and its investment will be 4y.

As, total profit is not given (let suppose “z”); so B claims z2/7 and A’s share in profit would be z5/7.

As profit is divided among partners according to their ratio of investment.

128000/4y = (z5/7) / (z2/7)

Through this equation; we can easily find out B’s contribution in the capital.

To Find

B’s contribution in th e capital = ?

Solution

Let suppose;

  • Initial investment of B = y
  • Initial investment of A = 16000
  • B’s investment for 4 months = 4y
  • A’s investment for 8 months = 8 x 16000 = 128000

Let suppose total profit = z

2/7 of z (B’s profit) = z2/7

A’s profit = z – z2/7 = (7z – 2z)/7 = 5z/7

Now; Investment ratio = Profit ratio

128000/4y = (z5/7) / (z2/7)

128000/4y = (5/7) / (2/7)

128000/4y = 5/2

128000 x 2 = 4y x 5

20y = 256000

y = 256000/20

y = Rs. 12800 answer

Conclusion

A and B started a business jointly. A invests Rs. 16000 for 8 months and B remains in the business for 4 months. Out of total profit, B claims 2/7 of the profit. B contributes Rs. 12800.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot Topics

A Man is Now 3 Times as Old as His Son. In Ten (10) Years Time, the Sum of their Ages will be 76....

A man is now 3 times as old as his son. In ten (10) years time, the sum of their ages will be 76. The age...

Daily Dawn Vocabulary 13 February 2021 with Urdu Meaning, Synonyms, Antonyms & Sentence Examples

Daily Dawn Vocabulary 13 February 2021 The following words were taken from the Dawn newspaper on February 13, 2021: Contour Wield Credence Pander to someone/something Heinous Daily Dawn Vocabulary 13 February...

Daily Dawn Vocabulary 12 February 2021 with Urdu Meaning, Synonyms, Antonyms & Sentence Examples

Daily Dawn Vocabulary 12 February 2021 | The following words were taken from the Dawn newspaper on February 12, 2021: Vulnerable Incarcerate Exonerate Moratorium Clemency Daily Dawn Vocabulary 12 February...

Related Articles

A Man is Now 3 Times as Old as His Son. In Ten (10) Years Time, the Sum of their Ages will be 76....

A man is now 3 times as old as his son. In ten (10) years time, the sum of their ages will be 76. The age...

Daily Dawn Vocabulary 13 February 2021 with Urdu Meaning, Synonyms, Antonyms & Sentence Examples

Daily Dawn Vocabulary 13 February 2021 The following words were taken from the Dawn newspaper on February 13, 2021: Contour Wield Credence Pander to someone/something Heinous Daily Dawn Vocabulary 13 February...

Daily Dawn Vocabulary 12 February 2021 with Urdu Meaning, Synonyms, Antonyms & Sentence Examples

Daily Dawn Vocabulary 12 February 2021 | The following words were taken from the Dawn newspaper on February 12, 2021: Vulnerable Incarcerate Exonerate Moratorium Clemency Daily Dawn Vocabulary 12 February...
error: Content is protected !!