Knowee
Questions
Features
Study Tools

P, Q, R invested in the ratio of 6 : 5 : 7. After the end of business term they receive the profit in the ratio 3 : 1 : 5. Find the ratio of time in which they invested in the business?

Question

P, Q, R invested in the ratio of 6 : 5 : 7. After the end of business term they receive the profit in the ratio 3 : 1 : 5. Find the ratio of time in which they invested in the business?

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

Solution

To find the ratio of time in which they invested in the business, we need to use the formula for profit sharing in a business partnership, which is:

Profit = Capital * Time

Given that the profit ratio is 3:1:5 and the capital ratio is 6:5:7, we can set up the following equations to find the time ratio:

For P: 6T1 = 3 (where T1 is the time P invested) For Q: 5T2 = 1 (where T2 is the time Q invested) For R: 7T3 = 5 (where T3 is the time R invested)

Solving these equations for T1, T2, and T3 gives us:

T1 = 3/6 = 0.5 T2 = 1/5 = 0.2 T3 = 5/7 = 0.714

So, the ratio of time in which they invested in the business is 0.5:0.2:0.714, which simplifies to 5:2:7.14. However, ratios are typically expressed in whole numbers. To convert this to whole numbers, we can multiply each term by 10, giving us a final time ratio of 5:2:7.14.

This problem has been solved

Similar Questions

P, Q and R invested capitals in the ratio 4: 6: 9. At the end of the business term, they received the profits in the ratio 2: 3: 5. Find the ratio of time for which they invested their capitals.Options9:9:108:8:84:7:99:8:76:5:4

Ratio of profits of P, Q and R are 5 : 8 : 9 respectively.What is their investment ratio if their investment time period ratio is 2 : 5 : 8 respectively?110 : 74 : 647 : 13 : 17100 : 64 : 4510 : 40 : 72

A and B invest in the ratio 3 : 5. After 6months, C joins the business investing an amount equal to B’s. At the end of the year what will be the ratio of their profits?

Select the correct answerP, Q and R start a business with investments of Rs. 90000, Rs. 60000 and Rs. 45000 respectively.PA and Q leave the business after a few months at the same time. At the end of the year, they share the profits in the ratio of 6 : 4 : 9. After how many months did P and Q leaves the business?Options6 months9 months3 months4 months

The investments of three people in a business are in the ratio of 2:3:5 and their profit at the end of two years are in the ratio of 1:2:3. Find the ratio of the periods of their investments?

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.