Math Problem Statement
Solution
The problem provided involves three individuals, A, B, and C, starting a business with their capital in a certain ratio. To determine C's share of the profit from a total of Rs. 81,000, we need to calculate their investments in terms of both capital and time, and then find the profit division accordingly.
Given Data:
-
Ratio of Capitals:
- A's capital : B's capital : C's capital = 1/2 : 1/3 : 1/6
-
Ratio of Periods (Time):
- A's time : B's time : C's time = 1/3 : 1/2 : 1/4
-
Total Profit:
- Rs. 81,000.
Steps to solve:
-
Simplify the Capital Ratios:
- To eliminate fractions, multiply by the least common multiple (LCM) of 2, 3, and 6, which is 6:
- A's capital = 1/2 × 6 = 3
- B's capital = 1/3 × 6 = 2
- C's capital = 1/6 × 6 = 1
- Therefore, the capital ratio becomes A : B : C = 3 : 2 : 1.
- To eliminate fractions, multiply by the least common multiple (LCM) of 2, 3, and 6, which is 6:
-
Simplify the Time Ratios:
- Similarly, eliminate fractions in the time ratio by multiplying by the LCM of 3, 2, and 4, which is 12:
- A's time = 1/3 × 12 = 4
- B's time = 1/2 × 12 = 6
- C's time = 1/4 × 12 = 3
- Therefore, the time ratio becomes A : B : C = 4 : 6 : 3.
- Similarly, eliminate fractions in the time ratio by multiplying by the LCM of 3, 2, and 4, which is 12:
-
Calculate the Product of Capital and Time for each partner:
- A's product = 3 (capital) × 4 (time) = 12
- B's product = 2 (capital) × 6 (time) = 12
- C's product = 1 (capital) × 3 (time) = 3
The total product = 12 + 12 + 3 = 27.
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Determine C's Share of the Profit:
- C's share = (C's product / Total product) × Total profit
- C's share = (3 / 27) × 81,000
- C's share = 1/9 × 81,000 = Rs. 9,000.
Final Answer:
C's share of the total profit is Rs. 9,000.
Let me know if you need any further details or explanations.
Here are 5 related questions to expand the concept:
- How would the result change if the total profit was Rs. 100,000?
- What happens to the profit share if C had invested for a longer period?
- How would the profits be divided if all partners had invested for the same period?
- Can you solve for A's and B's shares of the profit from Rs. 81,000?
- What if the capital ratio was in whole numbers like 2:3:5?
Tip: When dealing with ratios involving fractions, always simplify them by finding a common multiple to avoid complexity in calculations.
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Math Problem Analysis
Mathematical Concepts
Ratios
Profit Sharing
Proportions
Formulas
Product of capital and time = Capital × Time
Share of profit = (Individual's product / Total product) × Total profit
Theorems
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Suitable Grade Level
Grades 8-10
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