Knowee
Questions
Features
Study Tools

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. 810Rs. 700Rs. 5000Rs. 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. 810Rs. 700Rs. 5000Rs. 780

🧐 Not the exact question you are looking for?Go ask a question

Solution

To solve this problem, we first need to understand that the profit is divided according to the ratio of their investments.

Step 1: Find the ratio of their investments P:Q:R = 45000:55000:60000 This simplifies to 9:11:12

Step 2: Calculate the total parts in the ratio Total parts = 9 parts (P) + 11 parts (Q) + 12 parts (R) = 32 parts

Step 3: Find the value of each part Each part = Total profit / Total parts = 11200 / 32 = Rs. 350

Step 4: Calculate the profit share of P and Q Profit share of P = 9 parts * Rs. 350 = Rs. 3150 Profit share of Q = 11 parts * Rs. 350 = Rs. 3850

Step 5: Find the difference between Q's and P's profit share Difference = Q's profit share - P's profit share = Rs. 3850 - Rs. 3150 = Rs. 700

So, Q gets Rs. 700 more than P in the profit. The correct answer is Rs. 700.

This problem has been solved

Similar Questions

Select the correct answerP, Q and R started a business by investing Rs. 28000, Rs. 35000 and Rs. 14000 respectively. At the end of a year they got a total profit of Rs. 5225. Find P’s share?OptionsRs. 1900Rs.1700Rs. 2000Rs. 2980

P is a working and Q is a Sleeping partner in a business. P invested Rs. 5000 and Q invests Rs. 4000. P receives 2/11 of the profit for managing and the rest being divided in proportion to their capital. If P receives a total profit of Rs. 2800. Find the total profit.OptionsRs. 4400Rs. 4000Rs. 3300Rs. 5500

elect the correct answerP Q and R entered into partnership P invested 1 2/7 times as much as Q invested and Q invested 1 5/9 times of what R invested. All of them invested for equal period of time. If at the end of the year the profit earned is RS. 77,080. What is the share of Q?OptionsRS. 27,120RS. 24,880RS. 26,840RS. 25,520RS. 26,320

Select the correct answerP and Q entered into a partnership with RS. 30,000 and RS. 60,000. After 4 months P invested RS. 15000 more while Q withdraw RS. 30000. Find the share of P in the annual profit of RS. 1,00,000.OptionsRS. 45000RS. 20000RS. 51000RS. 50000RS. 40000

P, Q and R start a hotel.Q and R invest equally but P invests one-fifth of the total investment amount.On getting profit of Rs.225000,how much would be difference between profit of P and R?Rs.90,000Rs.45,000Rs.71,000Rs.1,12,500

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.