'A' and 'B' started a business where 'B' invested Rs. 160 more than 'A' and they made investment for 18 months and 24 months respectively. If the profit share of 'B' was 60% more than that of 'A', then find the investment of 'A'.
Let's denote the investment of 'A' as x and the investment of 'B' as x + 160.
The profit share of a partner is directly proportional to both the amount invested and the time the investment is made. The equation for profit share (P) can be expressed as:
[tex]\[ P \propto \text{Investment} \times \text{Time} \][/tex]
So, the profit share for 'A' [tex](P_A)[/tex] is given by [tex]P_A = x \times 18[/tex] and for 'B' [tex](P_B)[/tex] it is [tex]P_B = (x + 160) \times 24.[/tex]
Now, the problem states that the profit share of 'B' is 60% more than that of 'A':
Answers & Comments
Answer:
The investment of 'A' is Rs. 800.
Step-by-step explanation:
Let's denote the investment of 'A' as x and the investment of 'B' as x + 160.
The profit share of a partner is directly proportional to both the amount invested and the time the investment is made. The equation for profit share (P) can be expressed as:
[tex]\[ P \propto \text{Investment} \times \text{Time} \][/tex]
So, the profit share for 'A' [tex](P_A)[/tex] is given by [tex]P_A = x \times 18[/tex] and for 'B' [tex](P_B)[/tex] it is [tex]P_B = (x + 160) \times 24.[/tex]
Now, the problem states that the profit share of 'B' is 60% more than that of 'A':
[tex]\[ P_B = P_A + 0.60 \times P_A \][/tex]
Substitute the expressions for
[tex]P_A \: and \: P_B:[/tex]
[tex]\[ (x + 160) \times 24 = x \times 18 + 0.60 \times (x \times 18) \][/tex]
Expand and simplify both sides:
[tex]\[ 24x + 3840 = 18x + 0.60 \times 18x \][/tex]
Combine like terms:
[tex]\[ 24x + 3840 = 18x + 10.8x \][/tex]
[tex]\[ 24x + 3840 = 28.8x \][/tex]
Subtract 24x from both sides:
[tex]\[ 3840 = 4.8x \][/tex]
Divide by 4.8 to solve for x:
[tex]\[ x = \frac{3840}{4.8} \][/tex]
x = 800
So, the investment of 'A' (x) is Rs. 800.
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