A, B, and C started a business by investing Rs 5y, Rs z, and Rs (y+z+100). After six months, A withdrew 50% of his initial investment, B added Rs 500, and C added Rs 200. At the en... A, B, and C started a business by investing Rs 5y, Rs z, and Rs (y+z+100). After six months, A withdrew 50% of his initial investment, B added Rs 500, and C added Rs 200. At the end of one year, profit share of A and B is the same and profit share of C is 20% more than that of B. What is the initial investment of A and C together? Sum of initial investment of A and average initial investment of B and C together.
Understand the Problem
The question provides a scenario involving three individuals (A, B, and C) who invest different amounts in a business and asks to compare two quantities related to their investments. Specifically, it seeks to determine the initial investment of A and C together versus the sum of initial investment of A and the average initial investment of B and C.
Answer
Quantity I = Quantity II or relation cannot be established.
Answer for screen readers
The relationship between Quantity I and Quantity II cannot be established conclusively from the information given.
Steps to Solve
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Define Investments
Let the initial investments of A, B, and C be:
- A = $5y$
- B = $z$
- C = $(y + z + 100)$
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Calculate A and C's initial investment
The combined initial investment of A and C is: $$ A + C = 5y + (y + z + 100) = 6y + z + 100 $$
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Calculate the average investment of B and C
Average investment of B and C is: $$ \text{Average} = \frac{B + C}{2} = \frac{z + (y + z + 100)}{2} = \frac{y + 2z + 100}{2} $$
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Set up the equation for their profit shares
Given that A and B's profit share is the same and C's profit share is 20% more than B's: Let profit share of B = $P$. Then,
- Profit share of C = $P + 0.2P = 1.2P$
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Set up equations of investments to find relationships
The amount of money earned by each party from their investments over time must be adjusted based on their initial investments:
- Since A and B have the same profit share: $$ \text{Profit share of A} = \text{Profit share of B} $$
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Compare Quantities
Now we compare Quantity I and Quantity II:
- Quantity I = Initial investment of A and C ($6y + z + 100$)
- Quantity II = Sum of initial investment of A and the average initial investment of B and C.
Which is: $$ \text{Quantity II} = 5y + \frac{y + 2z + 100}{2} $$
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Analyze and simplify the equations
Simplifying Quantity II gives: $$ \text{Quantity II} = 5y + \frac{y + 2z + 100}{2} = 5y + \frac{y}{2} + z + 50 $$
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Final comparison of quantities
By equating and simplifying both quantities and noting their dependencies on variables $y$ and $z$, determine whether Quantity I is greater, less or equal to Quantity II.
The relationship between Quantity I and Quantity II cannot be established conclusively from the information given.
More Information
The investments depend on variable values which weren't specified; hence, we cannot determine which quantity is larger.
Tips
- Ignoring variable dependencies during simplification.
- Overlooking the importance of profit share ratios when solving for quantities.
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