A and B start a business with investment of Rs.36,000 and Rs.63,000 resp. But C joins their business with the condition that all profit will distributed in the ratio 1 : 1 : 1. For this C gives Rs.55,000 to A and B. Find how much amount B will receive from C (in Rs.).
Answer & explanation
Correct answer: option 4
A : B
Capital : 36000 : 63000
Profit : 4 : 7 = 11R ..................(i)
Multiply (i) by 3 so that it can be distributed easily in the ratio 1 : 1 : 1.
A : B : C
Old Profit : 12 : 21 : --- = 33R
New Profit : 11 : 11 : 11 = 33R
Here,
A's profit decreased by = 1R and
B's profit decreased by = 10R
Total Decreased = 1 + 10 = 11R
For that loss C gives Rs.55000 to A and B.
Therefore,
11R = 55000
1R = 5000
B will receive = 10R = 10 × 5000 = 50,000