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:

A:B:C=13:12:14A : B : C = \frac{1}{3} : \frac{1}{2} : \frac{1}{4}

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:

A:B:C=(13×12):(12×12):(14×12)A : B : C = \left( \frac{1}{3} \times 12 \right) : \left( \frac{1}{2} \times 12 \right) : \left( \frac{1}{4} \times 12 \right)

A:B:C=4:6:3A : B : C = 4 : 6 : 3

Thus, the initial investment ratio is 4:6:34 : 6 : 3.

Step 2: Changes in Investment after 6 Months

  • After 6 months, A's investment becomes 32\frac{3}{2} times his initial investment.
  • B's investment becomes 16\frac{1}{6} 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 44. For the last 6 months, A's investment becomes 32\frac{3}{2} times 4, which is:

A’s new investment=4×32=6\text{A's new investment} = 4 \times \frac{3}{2} = 6

The total contribution of A over the year is:

A’s total investment=4×6months+6×6months=24+36=60\text{A's total investment} = 4 \times 6 \, \text{months} + 6 \times 6 \, \text{months} = 24 + 36 = 60

B's Investment:

For the first 6 months, B's investment is 66. For the last 6 months, B's investment becomes 16\frac{1}{6} of 6, which is:

B’s new investment=6×16=1\text{B's new investment} = 6 \times \frac{1}{6} = 1

The total contribution of B over the year is:

B’s total investment=6×6months+1×6months=36+6=42\text{B's total investment} = 6 \times 6 \, \text{months} + 1 \times 6 \, \text{months} = 36 + 6 = 42

C's Investment:

C's investment remains unchanged throughout the year. So, for 12 months, C's total contribution is:

C’s total investment=3×12=36\text{C's total investment} = 3 \times 12 = 36

Step 3: Profit Sharing

The total investment of A, B, and C combined is:

Total investment=60+42+36=138\text{Total investment} = 60 + 42 + 36 = 138

The profit share ratio will be proportional to the total investments of A, B, and C, i.e., the ratio of profits is:

A : B : C=60:42:36\text{A : B : C} = 60 : 42 : 36

Simplifying this ratio by dividing by 6:

A : B : C=10:7:6\text{A : B : C} = 10 : 7 : 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.

A’s profit shareB’s profit share=2400\text{A's profit share} - \text{B's profit share} = 2400

Let the total profit be PP. According to the profit-sharing ratio:

1023P723P=2400\frac{10}{23}P - \frac{7}{23}P = 2400

Simplifying:

323P=2400\frac{3}{23}P = 2400

P=2400×233=18400P = \frac{2400 \times 23}{3} = 18400

Step 5: C's Profit Share

C's profit share is 623\frac{6}{23} of the total profit. Therefore, C's share is:

C’s share=623×18400=4800\text{C's share} = \frac{6}{23} \times 18400 = 4800

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:

  1. How do changes in investments affect profit-sharing?
  2. What is the general formula for calculating profit share based on investments?
  3. How can we simplify ratios of fractions in different contexts?
  4. How would the solution change if C also changed his investment after 6 months?
  5. 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