Question

X, Y, Z enter into a partnership venture with a capital of Rs.1,20,000, in which the contribution of Y and Z are respectively, 40% more and Rs. 1,000 more than that of X. The profit earned is 20% of the capital. Out of this profit, 10% goes towards some incidental expenses. What is the share (in Rs.) of X out of it?

A) 7,500

B) 4,800

C) 7,000

D) 6,300

Answer 1

x+y+z = 120000
y = 1.40x
z = x+1000
solve for x,y,z
profit p = 0.20*120000 = 24000
distribution = 0.90*24000 = 21600
so X's share is x/120000 * 21600