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Shiva,Dilip and Sandeep started a business.It was agreed that shiva would invest Rs.8000 for 8 months,Dilip would invest Rs.9000 for 6 months and sandeep would invest Rs.11000 for 4 months.Shiva wants to be a working member for which he was to receive 10% of the profits.The profit earned was Rs.12000.What is the share of Dilip in the profit?Rs.5000Rs.2600Rs.3600Rs.4000

Question

Shiva,Dilip and Sandeep started a business.It was agreed that shiva would invest Rs.8000 for 8 months,Dilip would invest Rs.9000 for 6 months and sandeep would invest Rs.11000 for 4 months.Shiva wants to be a working member for which he was to receive 10% of the profits.The profit earned was Rs.12000.What is the share of Dilip in the profit?Rs.5000Rs.2600Rs.3600Rs.4000

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Solution 1

To solve this problem, we first need to calculate the ratio of their investments.

The ratio of their investments would be calculated as follows:

Shiva's investment: Rs.8000 for 8 months = Rs.64000 Dilip's investment: Rs.9000 for 6 months = Rs.54000 Sandeep's investment: Rs.11000 for 4 months = Rs.44000

So, the ratio of their investments is 64:54:44.

Next, we need to calculate the total profit after Shiva takes his 10% for being a working member.

10% of Rs.12000 = Rs.1200

So, the remaining profit is Rs.12000 - Rs.1200 = Rs.10800

Now, we can calculate Dilip's share based on the ratio of their investments.

The total ratio is 64 + 54 + 44 = 162

So, Dilip's share of the profit is (54/162) * Rs.10800 = Rs.3600

Therefore, Dilip's share in the profit is Rs.3600.

This problem has been solved

Solution 2

To solve this problem, we first need to calculate the ratio of their investments.

The ratio of their investments would be calculated as follows:

Shiva's investment: Rs.8000 for 8 months = Rs.64000 Dilip's investment: Rs.9000 for 6 months = Rs.54000 Sandeep's investment: Rs.11000 for 4 months = Rs.44000

So, the ratio of their investments is 64:54:44.

Next, we need to calculate the total profit after Shiva takes his 10% for being a working member.

10% of Rs.12000 = Rs.1200

So, the remaining profit is Rs.12000 - Rs.1200 = Rs.10800

Now, we can distribute this remaining profit according to the ratio of their investments.

The total parts of the ratio are 64 + 54 + 44 = 162

So, Dilip's share of the profit would be (54/162) * Rs.10800 = Rs.3600

Therefore, Dilip's share of the profit is Rs.3600.

This problem has been solved

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