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Anil, Bobby and Chintu jointly invest in a business and agree to share the overall profit in proportion to their investments. Anil's share of investment is 70%70\%. His share of profit decreases by Rs. 420420 if the overall profit goes down from 18%18\% to 15%15\%. Chintu's share of profit increases by Rs. 8080 if the overall profit goes up from 15%15\% to 17%17\%. The amount, in INR, invested by Bobby is

Solution

✅ Correct Option: 3

This is a partnership problem where three people invest money together and share profits proportionally based on their investments.

In partnerships, if someone invests 30% of total money, they get 30% of total profit. The profit percentage affects everyone's absolute profit amount, but their share ratio stays the same.


Anil invests 70% of total investment. When profit rate drops from 18% to 15%, Anil's profit decreases by Rs. 420.

Let total investment = T, then:

Anil's investment = 0.7T

When profit rate is 18%: Anil gets 0.7×(18% of T)=0.7×0.18T0.7 \times (18\% \text{ of } T) = 0.7 \times 0.18T

When profit rate is 15%: Anil gets 0.7×(15% of T)=0.7×0.15T0.7 \times (15\% \text{ of } T) = 0.7 \times 0.15T

The decrease in Anil's profit:

0.7×0.18T−0.7×0.15T=0.7T×(0.18−0.15)=0.7T×0.03=4200.7 \times 0.18T - 0.7 \times 0.15T = 0.7T \times (0.18 - 0.15) = 0.7T \times 0.03 = 420

0.7×0.03×T=4200.7 \times 0.03 \times T = 420

0.021T=4200.021T = 420

T=420÷0.021=Rs. 20000T = 420 \div 0.021 = \text{Rs. } 20000


Chintu's profit increases by Rs. 80 when profit rate increases from 15% to 17%.

Let Chintu's investment = C

Since Chintu's share = CT×\tfrac{C}{T} \times Total Profit:

At 15% profit rate: Chintu gets C20000×(15% of 20000)=C×0.15\tfrac{C}{20000} \times (15\% \text{ of } 20000) = C \times 0.15

At 17% profit rate: Chintu gets C20000×(17% of 20000)=C×0.17\tfrac{C}{20000} \times (17\% \text{ of } 20000) = C \times 0.17

The increase in Chintu's profit:

C×0.17−C×0.15=C×(0.17−0.15)=C×0.02=80C \times 0.17 - C \times 0.15 = C \times (0.17 - 0.15) = C \times 0.02 = 80

0.02C=800.02C = 80

C=80÷0.02=Rs. 4000C = 80 \div 0.02 = \text{Rs. } 4000


Total investment = Rs. 20000

Anil's investment = 70% of 20000 = Rs. 14000

Chintu's investment = Rs. 4000

Bobby's investment = Total - Anil's - Chintu's = 20000 - 14000 - 4000 = Rs. 2000


Bobby invested Rs. 2000

In partnership problems, profit sharing ratio equals investment ratio. We use the given changes in profit to find unknown values and always verify that all investments add up to the total.

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