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Sandeep Verma

· started a discussion

· 1 Months ago

wrong quuestion (Question: 113177.0 )

no details given about invest ment

Question:

A, B and C are partners. A receives \(\cfrac{2}{5}\) of the profit and B and C share the remaining profit equally. A’s income is increased by Rs. 220 when the profit rises from 8% to 10%. The capitals invested by B and C are: 

Options:
A) 8000 each
B) 8050 each
C) 8250 each
D) 8500 each
Solution:
Ans: (c)

For A’s share (10% - 8%) = \(\unicode{x20B9} \)220

\(\therefore\) 100% = \(\cfrac{220}{2}\) × 100 = \(\unicode{x20B9} \)11000

\(\therefore\) A’s capital = 11000

For B’s and C’s share : \(\cfrac{2}{5}\) = 11000

\(\therefore \) \(\cfrac{3}{5}=\cfrac{11000}{2}×3\)= \(\unicode{x20B9} \)16500

\(\therefore\) B’s and C’s capitals are \(\unicode{x20B9} \)8250 each

Anshika Goyal

· commented

· 1 Months ago

they say profit is first 8% n then increased to 10%. so if u know the profit u can calculate the investment

Knowledge Expert

· commented

· 1 Months ago

Dear Student,

ALL Required information have been provided in the question. Please go through the explanation given.

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