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M and N start a business. M invests ₹46,000 more than N for 3 months and N invests for 4 months. M's share is ₹453 more than that of N, out of a total
Question

M and N start a business. M invests ₹46,000 more than N for 3 months and N invests for 4 months. M's share is ₹453 more than that of N, out of a total profit of ₹1,359. Find the capital contributed by M.

A.

₹73,608

B.

₹73,516

C.

₹73,715

D.

₹73,600

Correct option is D

Given:

M invests ₹46,000 more than N.

M invests for 3 months, N invests for 4 months.

Total profit = ₹1,359

M’s share is ₹453 more than N’s share.

Find M’s capital.

Concept Used:

Profit is divided in the ratio of (Capital × Time).

Formula Used:

From profit:

    M + N = 1359 ......(1) 

    M - N = 453 ..........(2)

    Adding both gives;

    2M = 1812

    M = 906

    So, N = 1359 - 906 = 453

    Profit ratio:

    M : N = 906 : 453 = 2 : 1

    Investment–time ratio:

    (x+46000)×3x×4=21\frac{(x + 46000) \times 3}{x \times 4} = \frac{2}{1}​​

    3(x + 46000) = 8x

    3x + 138000 = 8x

    5x = 138000

    x = 27600

    M’s capital:

    x + 46000 = 27600 + 46000 = ₹73600

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