Correct Answer - Option 1 : Rs.330
Given∶
Ratio of their capitals = 4
∶ 5
Elan withdraw 1/4 of his Capital.
Ambani withdraw 1/5 of his capital.
Profit = Rs.760
Formula Used∶
Basics of ratios.
a ∶ b can be written as ax and bx, where x is a positive integer.
Calculation∶
Ratio of the initial capital of Elan and Ambani = 4
∶ 5
Let the initial capitals of Elan and Ambani be 4x and 5x
Ratio in which profit will be divided,
⇒ [(4x × 3) + (4x - 1/4 × 4x ) × 7] ∶ [5x × 3 +(5x - 1/5 × 5x) × 7]
⇒ (12x + 2/x) ∶ (15x + 28x)
⇒ 33x ∶ 43x
⇒ 33 ∶ 43
So, Elan's share = 760 × 33/76 = Rs.330
∴ In the given profit, Elan's share is of Rs.330.