Question

    P and Q together started a business with initial

    investment in the ratio of 3:5, respectively. The time-period of investment for P and Q is in the ratio of 2:3, respectively. Find the profit share of Q, if the profit share of P is Rs. 2000
    A Rs. 5200 Correct Answer Incorrect Answer
    B Rs. 5500 Correct Answer Incorrect Answer
    C Rs. 7000 Correct Answer Incorrect Answer
    D Rs. 5300 Correct Answer Incorrect Answer

    Solution

    Ratio of the profit share of P to Q = (3 × 2): (5 × 3) = 6:15 = 2:5 Profit share of Q = (7/2) × 2000 = Rs. 7000

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