Three partners, A, B and C shared profits in the ratio . A new partner D joined who took half of the shares of each A and C. If D's share of profit now is , find the total profit.
- ARs. 200
- BRs. 250
- CRs. 275
- DRs. 300
Solution & Step-by-step Explanation
Let the initial profit shares of A, B, and C be and respectively.
The total profit .
D joins the business and takes half of the profit shares from both A and C.
Thus, D's total profit share:
Given that D's share of profit is :
Therefore, the total profit is:
The total profit .
D joins the business and takes half of the profit shares from both A and C.
Thus, D's total profit share:
Given that D's share of profit is :
Therefore, the total profit is: