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Madan, Ahmad and Rais started a cosmetic shop. Madan invested (3/5) of the total investment and the investment made by Rais is equal to the investment made by Ahmad. If they distributed profit in the capital ratio and Ahmad received Rs. 234. Find the value of total profit.1. Rs.12302. Rs.11703. Rs.11504. Rs.12105. Rs.1050 |
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Answer» Correct Answer - Option 2 : Rs.1170 Given∶ Madan invested (3/5)th of the total investment. Rais’ investment = Ahmad's investment Ahmad got Rs. 234 as a profit . Formula used∶ Basic knowledge of ratio and proportion. Calculation∶ Let the total investment = x Madan’s investment = (3/5)x Rest of investment = x – (3/5)x = (2/5)x According to the question, Rais’ investment = Ahmad's investment So, the investments by Rais and Ahmad are (x/5), each. So, from the value of Ahmad's share in the profit, we have: ⇒ x/5 = 234 ⇒ x = 234 × 5 = 1170 ∴ The value of total profit is Rs.1170 |
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