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