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.1700Rs. 2000Rs. 1900Rs. 2980
Question
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.1700Rs. 2000Rs. 1900Rs. 2980
Solution
To find P's share, we need to calculate the ratio of P's investment to the total investment.
The total investment is the sum of the investments made by P, Q, and R, which is Rs. 28000 + Rs. 35000 + Rs. 14000 = Rs. 77000.
Now, we can calculate P's share by multiplying the total profit by the ratio of P's investment to the total investment.
P's investment is Rs. 28000, so the ratio of P's investment to the total investment is 28000/77000.
P's share = (28000/77000) * Rs. 5225
Calculating this, we find that P's share is approximately Rs. 1900.
Therefore, the correct answer is Rs. 1900.
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