Jaya,Seema, Nikhil and Nilesh invested Rs3,60,000 in a business in the proportion 3:4:7:6 What was Jaya's actual share in the capital? If they made a profit of 12% then how much profit Mikhil make?
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Solution
Let Jaya's contribution be 3x, Seema's be 4x, Nikhil's be 7x and Nilesh's be 6x. 3x+4x+7x+6x=360000 20x=360000 x=36000÷20 x=1800
Jaya's contribution=3x=3×1800=5400 rupees profit =12% p=12100×360000 profit= 43200 rupees let their profit be 3y,4y,7y,6y 3y+4y+7y+6y=43200 20y=43200 y=43200÷20 y=2160 Nikhil's profit = 7y=7×2160=15120 rupees