Question 65

X, Y and Z start a web-based venture together. X invests Rs. 2.5 lakhs, Y invests Rs. 3.5 lakhs, and Z invests Rs. 4 lakhs. In the first year, the venture makes a profit of Rs. 2 lakhs. A part of the profit is shared between Y and Z in the ratio of 2:3, and the remaining profit is divided among X, Y and Z in the ratio of their initial investments. The amount that Z receives is four times the amount that X receives. How much amount does Y receive?

Solution

Let the part of the amount divided between Y and Z be 5k => Y gets 2k and Z gets 3k.

The overall profit is Rs 200000.

Hence the remaining profit is Rs 200000 - 5k. =

Left over profit of 2-5k is divided in the ratio 2.5:3.5:4

The final profit distribution among X, Y and Z.

=> Finally, X gets $$\frac{2.5}{10}\left(200000-5k\right)\ $$, Y gets $$2k+\frac{3.5}{10}\left(200000-5k\right)\ $$ and Z gets $$3k+\frac{4}{10}\left(200000-5k\right)\ $$.

Given the ratio of profit distribution of X and Z is 1 : 4

Given, $$3k+\frac{4}{10}\left(200000-5k\right)\ $$ = 4($$\frac{2.5}{10}\left(200000-5k\right)\ $$) => 3k=$$\frac{6}{10}\left(200000-5k\right)\ $$ =>10k=400000-10k => 20k=400000 => k=20000.

.'. Share of Y = $$2k+\frac{3.5}{10}\left(200000-5k\right)\ $$  = 75000. 

Video Solution

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