Select the correct answerA and B entered into partnership with capitals in the ratio 4:5. After 3 months, A withdrew 14 of his capital and B withdrew 15 of his capital. At the end of 10 months, the gain was Rs.7,600. What is A′s share in the profit?Options3,3003,1004,300
Question
Select the correct answerA and B entered into partnership with capitals in the ratio 4:5. After 3 months, A withdrew 14 of his capital and B withdrew 15 of his capital. At the end of 10 months, the gain was Rs.7,600. What is A′s share in the profit?Options3,3003,1004,300
Solution
To solve this problem, we need to calculate the capital for each month for A and B, and then find the ratio of their capitals.
Step 1: Calculate the capital for each month for A and B A's capital for the first 3 months is 4 units (as the ratio is 4:5), and for the next 7 months, he withdrew 1/4 of his capital, so his capital is 3/4 of 4 units, which is 3 units. So, A's total capital for 10 months is 43 + 37 = 12 + 21 = 33 units.
B's capital for the first 3 months is 5 units, and for the next 7 months, he withdrew 1/5 of his capital, so his capital is 4/5 of 5 units, which is 4 units. So, B's total capital for 10 months is 53 + 47 = 15 + 28 = 43 units.
Step 2: Find the ratio of their capitals The ratio of A's capital to B's capital is 33:43.
Step 3: Calculate A's share in the profit The total profit is Rs. 7600. A's share in the profit is his capital ratio multiplied by the total profit, which is (33/76)*7600 = Rs. 3300.
So, the correct answer is Rs. 3300.
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