Ram and Shyam enter into a Ram supplies whole of the capital amounting to Rs. 60,000

Ram and Shyam enter into a Ram supplies whole of the capital amounting to Rs. 60,000 with the condition that the profits are to be equally divided and that Shyam pays Ram interest on half of the capital at 10% per annum, but receives Rs. 150 per month for carrying on the concern. Find their total yearly profit  when  Shyam’s  income  is  half  of Ram’s  income.

  1. Rs. 10,800
  2. Rs. 8,400
  3. Rs. 14,200
  4. Rs. 12,600
Anurag Mishra Professor Asked on 20th April 2016 in Maths.
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  • 2 Answer(s)

    Half amount 30,000 , interest 10%=3000,
    Sham- 150*12= 1800,

    Total profit =x let us,

    A share ,B share= x/2

    Income 1:2 then

    X/2-3000+1800= 1/2(X/2+3000-1800)
    X=7200

    But answer key 12,600

    komall Default Answered on 30th April 2016.
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    Answer: (4) Rs. 12,600

    Anurag Mishra Professor Answered on 11th May 2016.
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