Question 59

Jalal, Amit and Feroz enter into partnership. Jalal invests 4 times as much as Amit and Amit invests three-fourth of what Feroz invests. At the end of the financial year, the total profit earned is Rs. 19,000. Find the share for Jalal.

Solution

Let the investment of Jalal, Amit and Feroz be x, y and z

Given that invests 4 times as much as Amit and Amit invests ¾ of what Feroz invests.

⇒ x = 4y and y = $$\frac{3}{4}z$$

Given that total profit at the end of year is Rs.19000

⇒ x + y + z = 19000

⇒ 4y + y + $$\frac{4y}{3}$$= 19,000

⇒ 12y + 3y + 4y = 57,000

⇒ 19y = 57,000⇒ y = 3,000

Jalal investment (x) = 4y = 4 (3, 000) = Rs.12,000


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