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      Question

      P and Q together started a business with initial

      investment in the ratio of 1:11, respectively. The time-period of investment for P and Q is in the ratio of 3:7, respectively. Find the profit share of Q, if the profit share of P is Rs. 3000
      A Rs. 70000 Correct Answer Incorrect Answer
      B Rs. 75000 Correct Answer Incorrect Answer
      C Rs. 77000 Correct Answer Incorrect Answer
      D Rs. 77500 Correct Answer Incorrect Answer

      Solution

      Ratio of the profit share of P to Q = (1 × 3): (11 × 7) = 3:77 Profit share of Q = (77/3) × 3000 = Rs. 77000

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