if a partner in a bussiness having 60%share gets Rs 9000 as profit every year find the total prifit in a year
0.6x = 9,000
x = ?
To find the total profit in a year, we need to determine the profit earned by the partner who holds a 60% share and then calculate the total profit based on that.
Given that the partner with a 60% share earns Rs 9000 as profit every year, we can set up a proportion to find the total profit.
Let's assume the total profit in a year is represented by P.
Using the proportion: (profit of the partner with a 60% share) / (total profit) = (60% share) / 100%
9000 / P = 60 / 100
Cross-multiply to solve for P:
60P = 9000 * 100
Divide both sides by 60:
P = (9000 * 100) / 60
P ≈ 15000
Therefore, the total profit in a year is approximately Rs 15,000.
To find the total profit in a year, we need to know the percentage share of all partners in the business. In this case, we only have information about one partner who has a 60% share and receives Rs 9000 as profit.
If we assume that this partner's profit share represents the entire profit of the business, we can use a proportion to calculate the total profit.
Let P be the total profit in a year.
The profit share of this partner with 60% ownership is Rs 9000, which is 60% of P:
60% of P = Rs 9000
To solve for P, we divide both sides of the equation by 60% (or 0.60):
P = Rs 9000 / 0.60
P ≈ Rs 15000
Therefore, the estimated total profit in a year is approximately Rs 15,000, assuming the profit share of the partner with a 60% ownership represents the entire profit.