Question 15 Marks
Saritaben, Ayesha and Meenakshi started a business by investing Rs 2400, Rs 5200 and Rs 3400. They made a profit of 50%. If they reinvested all their profit by adding it to the capital, find out the proportions of their shares in the capital during the following year.
Answer
View full question & answer→Total investment $=$ Rs $2400+$ Rs $5200+$ Rs $3400=$ Rs 11000
Total profit $=50 \%$ of $11000=\frac{50}{100} \times 11000=$ Rs 5500
Proportion of shares $=2400: 5200: 3400$
$=12: 26: 17 \ldots$ (Dividingby 200 )
Let the profit of Saritaben, Ayesha and Meenakshi be Rs 12x, Rs 26x and Rs $17 x$ respectively.
$12 x+26 x+17 x=5500$
$\therefore 55 x=5500$
$\therefore x=100$
$\therefore$ Saritaben's profit $=12 x =12 \times 100=$ Rs 1200
Ayesha's profit $=26 x=26 \times 100=$ Rs 2600
Meenakshi's profit $=17 x =17 \times 100=$ Rs 1700
$\therefore$ Saritaben's new investment $=2400+1200=$ Rs 3600
Ayesha's new investment $=5200+2600=$ Rs 7800
Meenakshi's new investment $=3400+1700=$ Rs 5100
$\therefore$ New proportion of shares $=3600: 7800: 5100$
$=12: 26: 17 \ldots$ (Dividing by 300 )
$\therefore$ The proportion of the shares in the capital during the following year is $12: 26: 17$
Total profit $=50 \%$ of $11000=\frac{50}{100} \times 11000=$ Rs 5500
Proportion of shares $=2400: 5200: 3400$
$=12: 26: 17 \ldots$ (Dividingby 200 )
Let the profit of Saritaben, Ayesha and Meenakshi be Rs 12x, Rs 26x and Rs $17 x$ respectively.
$12 x+26 x+17 x=5500$
$\therefore 55 x=5500$
$\therefore x=100$
$\therefore$ Saritaben's profit $=12 x =12 \times 100=$ Rs 1200
Ayesha's profit $=26 x=26 \times 100=$ Rs 2600
Meenakshi's profit $=17 x =17 \times 100=$ Rs 1700
$\therefore$ Saritaben's new investment $=2400+1200=$ Rs 3600
Ayesha's new investment $=5200+2600=$ Rs 7800
Meenakshi's new investment $=3400+1700=$ Rs 5100
$\therefore$ New proportion of shares $=3600: 7800: 5100$
$=12: 26: 17 \ldots$ (Dividing by 300 )
$\therefore$ The proportion of the shares in the capital during the following year is $12: 26: 17$