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A, B and C started a business by investing Rs. 24000, Rs. 32000 and Rs. 18000 respectively. A and B are active partners and get 15% and 12% of total profit and remaining profit is to be distributed among them in the ratio of their investment. If C got total Rs. 65700 as a profit, what was the total amount of profit ?

A. Rs. 470000

B. Rs. 370000

C. Rs. 345000

D. Rs. 157000

Answer: Option B

Solution(By Examveda Team)

    A     :     B     :     C  
Capital →   24000 : 32000 : 18000
  24 : 32 : 18
  12 : 16 : 9

$$\eqalign{ & {\text{Let the total profit}} = 100x \cr & {\text{Extra share of A}} \cr & = 100x \times \frac{{15}}{{100}} \cr & = 15x \cr & {\text{Extra share of B}} \cr & = 100x \times \frac{{12}}{{100}} \cr & = 12x \cr & {\text{Remaining profit}} \cr & = \left[ {100x - \left( {15x + 12x} \right)} \right] \cr & = 73x \cr} $$
According to the question,
Note: Remaining profit will be distributed in the ratio of their capitals.
∴ Share of C
$$\eqalign{ & \Leftrightarrow \frac{{73x}}{{\left( {12 + 16 + 9} \right)}} \times 9 = {\text{Rs}}{\text{. }}65700 \cr & \Leftrightarrow \frac{{657x}}{{37}} = {\text{Rs}}{\text{. }}65700 \cr & \Leftrightarrow x = {\text{Rs}}{\text{. }}\frac{{65700 \times 37}}{{657}} \cr & \Leftrightarrow x = {\text{Rs}}{\text{. 3}}700 \cr & {\text{Hence, required profit}} \cr & = 100x \cr & = 100 \times 3700 \cr & = {\text{Rs}}{\text{. 3}}70000 \cr} $$

This Question Belongs to Arithmetic Ability >> Partnership

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