Select the correct answerP, Q and R started a business by investing Rs. 45000, Rs. 55000 and Rs. 60000 respectively. At the end of a year they got a total profit of Rs. 11200. Find how much Q gets more than P in the profit?OptionsRs. 700Rs. 5000Rs. 810Rs. 780
Question
Select the correct answerP, Q and R started a business by investing Rs. 45000, Rs. 55000 and Rs. 60000 respectively. At the end of a year they got a total profit of Rs. 11200. Find how much Q gets more than P in the profit?OptionsRs. 700Rs. 5000Rs. 810Rs. 780
Solution
The profit is divided according to the ratio of their investments.
The ratio of the investments made by P, Q, and R is 45000:55000:60000.
This simplifies to 9:11:12.
The total ratio is 9+11+12 = 32.
The share of P in the profit is (9/32)*11200 = Rs. 3150. The share of Q in the profit is (11/32)*11200 = Rs. 3850.
So, Q gets Rs. 3850 - Rs. 3150 = Rs. 700 more than P in the profit.
So, the correct answer is Rs. 700.
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