A, B and C started a business investing amounts of ₹2,340, ₹510, and ₹2,000, respectively. If B's share in the profit earned by them is ₹909, what is the difference in the profit (in ₹) earned by A and C?
Appeared in: Bihar NHM CHO-2025
Explanation
The fundamental principle is that when the investment duration is equal, profits are shared in the same ratio as the capital invested.
The investment ratio of A:B:C is ₹2340:₹510:₹2000, which simplifies to 234:51:200.
B's profit share corresponds to 51 parts of the ratio and is given as ₹909. This allows us to set up the equation 51x = 909 to find the value of one part (x).
Solving for x gives x = 909/51.
The difference in profit between A and C corresponds to the difference in their ratio parts, which is 234 - 200 = 34 parts.
The final answer is calculated by multiplying this difference in parts by the value of x: 34 * (909/51) = 34 * (303/17) = 2 * 303 = 606.
Why Other Options Were Wrong
Option B: This is an incorrect value, likely resulting from a minor arithmetic error during the final multiplication step (e.g., miscalculating 2 x 303).
Option C: This value is also incorrect and likely stems from a calculation mistake, possibly in the division to find the value of 'x' or in the final multiplication.
Option D: This incorrect value is another plausible result of a small calculation error. Such errors are common under exam pressure.
Related Visual
Visual 1: Flowchart: Illustrating the step-by-step process for solving partnership profit-sharing problems. The chart would show: 1. List Investments -> 2. Calculate Investment Ratio -> 3. Use Given Profit to Find 'x' -> 4. Calculate Required Difference in Ratio Parts -> 5. Multiply to Find Final Answer.
Clinical Relevance
Nursing practice connection: This is primarily an exam-oriented knowledge point with limited direct bedside application, so retain Profit and Loss Sharing in Business Partnerships as background academic context rather than a clinical decision trigger.
This question tests quantitative aptitude, a critical skill for nurses. Accurate mathematical calculation is essential for tasks like medication dosage calculation, IV drip rate regulation, and interpreting patient data.
Proficiency in ratio and proportion helps in understanding concentrations, dilutions, and other clinical measurements.
What if? If the question asked for the total profit earned, you would sum the ratio parts (234 + 51 + 200 = 485) and multiply by the value of 'x'. Total Profit = 485 * (909/51) ≈ ₹8644.41.
How to Approach the Question
First, identify the type of question. This is a quantitative aptitude problem involving business partnerships.
List the investments of all partners: A = 2340, B = 510, C = 2000.
Determine the ratio of their investments by finding a common divisor and simplifying. The ratio is 2340:510:2000, which simplifies to 234:51:200.
Recognize that the profit is shared in this same ratio. Let the profits be 234x, 51x, and 200x.
Use the given information (B's profit is ₹909) to create an equation: 51x = 909. Solve for 'x'.
Identify what the question is asking for: the difference in profit between A and C (234x - 200x = 34x).
Concept Tested & Keywords
Concept Tested: Profit and Loss Sharing in Business Partnerships