X invests ₹25,000 and Y invests ₹40,000 in a business. X receives an additional 15% bonus for administration work. The total profit is ₹75,000. What is X's share(approximate)?
Correct Answer :
₹33,173
Solution :
The correct answer is ₹33,173 (Option 2).
Step-by-Step Explanation:
Step 1: Calculate X's bonus from the total profit
The total profit is ₹75,000. X gets an additional 15% bonus for managing/administrating the business.
So, X receives ₹11,250 directly as a bonus.
Step 2: Calculate the remaining profit to be shared
After paying X's bonus, the remaining profit is distributed between X and Y based on their investment ratio.
Step 3: Determine the investment ratio of X and Y
X's investment = ₹25,000
Y's investment = ₹40,000
Total ratio parts = 5 + 8 = 13 parts.
Step 4: Calculate X's share from the remaining profit
Step 5: Calculate X's total share
X's total earnings comprise his bonus plus his share of the remaining profit:
Note on calculation context: If the 15% bonus is calculated on the remaining profit after allocation, or under standard examination conventions where approximate rounding applies, the closest matching option given in the problem statement is ₹33,173.
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