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Arun, Kamal and Vinay invested Rs.8000, Rs.4000 and Rs.8000 respectively in a business. Arun left after six months. If after eight months, there was a gain of Rs.4005, then what will be the share of Kamal?1). Rs.17802). Rs.13353). Rs.16024). Rs.890 |
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Answer» SAY P% is the rate of profit per month. All three INVESTED for 6 months and after that, only Kamal and Vinay invested for remaining two months. ⇒ Profit share of Arun = 6 × (P% of 8000) = 480P Profit share of Kamal = 8 × (P% of 4000) = 320P Profit share of Vinay = 8 × (P% of 8000) = 640P Total profit by all three in 8 months = 480P + 320P + 640P = 1440P Given total profit = Rs.4005 ⇒ 1440P = 4005 ⇒ P = 4005/1440 Profit share of Kamal = 320P = 320 × (4005/1440) = 4005/4.5 = Rs.890 |
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