Math Problem Statement
Three persons A, B and C started a business. They invest in the ratio of (1/3) ∶ (1/2) ∶ (1/4). After 6 months A's investment becomes (3/2)th of his initial amount and B investment becomes (1/6)th of his initial amount. At the end of the year, the difference in the profit share of A and B is Rs. 2400. Find C's share
Solution
Let's solve this step by step.
Step 1: Investment Ratio of A, B, and C
The initial investment ratio of A, B, and C is given as:
To simplify this ratio, let's find a common denominator for 3, 2, and 4. The least common multiple (LCM) is 12. So we multiply each term by 12:
Thus, the initial investment ratio is .
Step 2: Changes in Investment after 6 Months
- After 6 months, A's investment becomes times his initial investment.
- B's investment becomes of his initial investment.
- C's investment remains unchanged.
So, we need to calculate the new effective investments for A and B for the second half of the year.
A's Investment:
For the first 6 months, A's investment is . For the last 6 months, A's investment becomes times 4, which is:
The total contribution of A over the year is:
B's Investment:
For the first 6 months, B's investment is . For the last 6 months, B's investment becomes of 6, which is:
The total contribution of B over the year is:
C's Investment:
C's investment remains unchanged throughout the year. So, for 12 months, C's total contribution is:
Step 3: Profit Sharing
The total investment of A, B, and C combined is:
The profit share ratio will be proportional to the total investments of A, B, and C, i.e., the ratio of profits is:
Simplifying this ratio by dividing by 6:
Step 4: Given Information about the Difference in Profit
We are given that the difference in profit share between A and B is Rs. 2400.
Let the total profit be . According to the profit-sharing ratio:
Simplifying:
Step 5: C's Profit Share
C's profit share is of the total profit. Therefore, C's share is:
Final Answer:
C's profit share is Rs. 4800.
Would you like a more detailed explanation of any step? Here are some related questions for you to explore:
- How do changes in investments affect profit-sharing?
- What is the general formula for calculating profit share based on investments?
- How can we simplify ratios of fractions in different contexts?
- How would the solution change if C also changed his investment after 6 months?
- What if the total profit were unknown and had to be calculated from multiple data points?
Tip: Always reduce ratios to their simplest form to make further calculations easier!
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Math Problem Analysis
Mathematical Concepts
Ratio and Proportion
Investment
Profit Sharing
Formulas
Profit share ratio = Total investment ratio
Difference in profit = A's profit - B's profit
Total profit P = (Difference in profit × Total shares) / Share difference
Theorems
Proportional Distribution Theorem
Suitable Grade Level
Grades 10-12
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