Math Problem Statement
In a business, A and C invested amounts in the ratio 2: 1 where as the ratio between amounts invested A and B was 3: 2. If Rs. 1,57,300 was their profit, how much amount did B received?
Solution
To solve this problem, we need to determine the share of profit for B based on the investment ratios of A, B, and C. Let's break down the problem step-by-step:
Step 1: Determine the Ratios of Investments
- Ratio of investments between A and C is given as . Let the investments of A and C be and , respectively.
- Ratio of investments between A and B is given as . Let the investments of A and B be and , respectively.
Step 2: Find the Common Multiple for A's Investment
Since A's investment needs to be consistent in both ratios, we set . This will allow us to express all investments in terms of one variable.
From , we can express in terms of :
Step 3: Express Investments of A, B, and C in Terms of
- A's investment: (by given ratio between A and B)
- B's investment:
- C's investment:
Now, let's put all investments in terms of :
- A's investment:
- B's investment:
- C's investment:
Step 4: Calculate the Total Investment
Step 5: Calculate B's Share in the Total Profit
The total profit is Rs. 1,57,300. We need to find B's share of this profit.
The share of profit is based on the investment ratio. B's investment is and the total investment is .
Step 6: Calculate the Final Amount
Conclusion
B received Rs. 48,400 from the total profit.
Would you like more details or have any questions?
Here are some related questions for further understanding:
- How would the profit share change if the total profit was different?
- What if the ratio of investment between A and B was instead of ?
- How do changes in investment ratios affect the distribution of profit?
- What would happen if another partner, D, joined the business with a different investment ratio?
- Can this method be applied if profits are not distributed in proportion to investments?
Tip: Understanding ratios and how they are used to distribute profits is essential in business partnerships.
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Math Problem Analysis
Mathematical Concepts
Ratio and Proportion
Profit Sharing
Formulas
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Theorems
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Suitable Grade Level
Grades 9-12
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