Asked by POPPY
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?
Answers
Answered by
oobleck
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
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
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.