Q. A and B started a joint business by investing 45% and 55% respectively of the total amount. Find the share of each if profit at the end of year is Rs. 15000.
Solution:
Profit = Rs. 15000
Let the total amount is X
A share = 45 % of X = `\frac {45}{100}`X
B share = 55 % of X = `\frac {55}{100}`X
Using ratio method
A share : B share = `\frac {45}{100}`X : `\frac {55}{100}`X
by simplifying to the lowest term
A share : B share = 9 : 11
Total ratio = 9 + 11 = 20
So
A share = `\frac {9}{20}times Rs 15000`
A share = Rs. 6750 --------------Ans.1
and
B share = `\frac {11}{20}times Rs 15000`
B share = Rs. 8250 --------------Ans.2
Total ratio = 9 + 11 = 20
So
A share = `\frac {9}{20}times Rs 15000`
A share = Rs. 6750 --------------Ans.1
and
B share = `\frac {11}{20}times Rs 15000`
B share = Rs. 8250 --------------Ans.2
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3. Website for Single National Curriculum Pakistan - All Subjects Notes
© 2022-23 Academic Skills and Knowledge (ASK)
Note: Write me in the comments box below for any query and also Share this information with your class-fellows and friends.
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