SOLUTION: Three partners invested Rs.180000,Rs. 165000 and Rs. 125000 respectively. the profit was distributed among the partners accordingly.if the third partner got Rs.4625 as profit, then
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-> SOLUTION: Three partners invested Rs.180000,Rs. 165000 and Rs. 125000 respectively. the profit was distributed among the partners accordingly.if the third partner got Rs.4625 as profit, then
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Question 950623: Three partners invested Rs.180000,Rs. 165000 and Rs. 125000 respectively. the profit was distributed among the partners accordingly.if the third partner got Rs.4625 as profit, then what was (a) the total profit (b)profit of 1st and 2nd partner Answer by macston(5194) (Show Source):
You can put this solution on YOUR website! 180000+165000+125000=470000=total investment
First partner invested (180000/470000)(100%)=38.3%
Second partner invested (165000/470000)(100%)=35.1%
Third partner invested (125000/470000)(100%)=26.6%
Third partners profit=4625 from 26.6%, 4625/0.266=17387=Total profit
ANSWER a):
Total profit=Rs.17387
ANSWER b):
Profit of first partner=(0.383)(Rs.17387)=Rs.6659.22
Profit of second partner=(0.351)(Rs.17387)=Rs.6102.84
