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Arithmetic Ability
Partnership

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Q.

Two partners investede Rs. 1250 and Rs. 850 respectively in a business. They distributed 60% of the profit equally and decide to distribute the remaining 40% as the ratio of their capitals. If one partner received Rs. 30 more than the other, find the total profit?

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Correct choice: A

Explanation:

Let the total profit be Rs.x 60% of the profit = \inline \frac{60}{100}\times x=Rs.\frac{3x}{5} from this part of the profit each gets = Rs.\inline \frac{3x}{10} 40% of the profit = \inline \frac{40}{100}\times x=Rs.\frac{2x}{5} Now, this amount of Rs.\inline \frac{2x}{5} has been divided in the ratio of capitals 1250 : 850 = 25 :17 \inline \therefore Share on first capital = \inline (\frac{2x}{5}\times \frac{25}{42})=Rs.\frac{5x}{21} Share on second capital = \inline (\frac{2x}{5}\times \frac{17}{42})=Rs.\frac{17x}{105} Total money received by 1st investor = \inline [\frac{3x}{10}+\frac{5x}{21}]= Rs.\frac{113x}{210} Total money received by 2nd investor = \inline [\frac{113x}{210}+\frac{97x}{210}]=Rs.\frac{97x}{210} \inline \therefore x = 393.75 Hence total profit = Rs. 393.75
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