P, 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. 2000Rs. 1900Rs. 2980Rs.1700
Question
P, 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. 2000Rs. 1900Rs. 2980Rs.1700
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 share = (P's investment / Total investment) * Total profit
P's share = (28000 / 77000) * 5225
P's share = 0.3636 * 5225
P's share ≈ Rs. 1899.99
Therefore, P's share is approximately Rs. 1900.
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