C received #500
Each of them received 20% on their first #3000
so, each got another #600
Then, if the remaining profit was x, then
A got 8/18 x
B got 6/18 x
C got 4/18 x = 1200 - 500 - 600 = 100
so, x = 450
Of that,
A got 200
B got 150
So the total amount for each was
A: 600+200 = 800
B: 600+150 = 750
C: 500+600+100 = 1200
A B & C contributed #8000, #6000, #4000 respectively as capital to an enterprise. Out of the total profit, C received #500 for his services as manager. Each of them received 20% on their first #3000 of His capital & the remaining profit was shared in the ratio of the remaining parts of their capitals. If at the end of the year C received #1200 in total, find the total profit and amounts which A and B respectively received?
1 answer
1 answer