Question
βMβ, βNβ, and βOβ initiated a partnership
with investments of Rs. 22000, Rs. 18000, and Rs. 26000, respectively. A stipulation was that q% of the overall profit would be allocated for R&D, and the balance would be divided based on their investments. Assuming the profit for the year was Rs. 66000 and βNβ got Rs. 15000, determine βqβ.Solution
Investments ratio of βMβ, βNβ, and βOβ = 22000:18000:26000 = 11:9:13. Amount for division = Rs. {66000 Γ (100 - q)/100}. So, {66000 Γ (100 - q)/100} Γ 9/33 = 15000, 100 β q = 15000 Γ 100 Γ 33/9 Γ 1/66000, 100 β q = 90, q = 10.
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