Math Problem Statement
X y z start a web based venture together X invest 50000 rupees for 5 month . Y invest 70000 for 5 month and Z invest 40000 for 10 month. in the first year the venture makes a profit of 2 lakh. a part of profit is shared between Y and Z in ratio of 2 ratio 3 and profit is dividing divided among X, Y and Z in ratio of their initial investments. the amount that Z receives is 4 times the amount that X receives. how much amount does Y recieves?
Solution
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Math Problem Analysis
Mathematical Concepts
Ratio and Proportion
Investment
Profit Distribution
Formulas
Effective investment = Amount invested × Duration of investment
Profit distribution ratio = Investment ratio
Amount received by Z = 4 × Amount received by X
Theorems
Proportional distribution theorem
Suitable Grade Level
Grades 8-10
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