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7.Profit and Loss
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$A, B, C$ are partners in a business. During a particular $year,$ A received one third of the profit, $B$ received $\frac{1}{4}$ of the profit and $C$ received the remaining $Rs.\, 5000$ How much amount of money did A receive? (in $Rs.$)
A
$1000$
B
$3000$
C
$4000$
D
$5000$
Solution
Amount received by $C$
$=$ Total profit $\times\left(1-\frac{1}{3}-\frac{1}{4}\right)$
$=$ Total profit $\times \frac{5}{12}$
Now, according to the question,
$\Rightarrow 5000=\frac{5}{12} \times$ Total profit
$\Rightarrow$ Total profit $=₹ 12000$
$\therefore$ The amount received by $A$
$=\frac{12000}{2}=Rs. 4000$
Standard 13
Quantitative Aptitude
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