wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Saritaben, Ayesha and Meenakshi started a business by investing ₹2400, ₹5200 and ₹3400 .They made a profit of 50%. How should they share it? If they reinvest all their profit by adding it to the capital, what will each one’s share be in the following year ?

Open in App
Solution

Since the overall profit is 50%, each one will get 50% profit on their investment
So,
Profit of Saritaben =50% of 2400=50100×2400=1200
Profit of Ayesha=50% of 5200=50100×5200=2600
Profit of Meenakshi =50% of 3400=50100×3400=1700
Now, according to question
If they add their profit to the capital, their further investments will be :
Saritaben’s capital = 2400 + 1200 = ₹3600
Ayesha’s capital = 5200 + 2600 = ₹ 7800
Meenakshi’s capital = 3400 + 1700 = ₹ 5100

flag
Suggest Corrections
thumbs-up
20
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Types of Investments and Understanding Profitability
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon