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    Question

    In a business there are two partners ‘P’ and

    ‘Q’. ‘P’ started the business with the capital of Rs. 24000 and after 3 months ‘Q’ joined him with the capital of Rs. 40000. At the end of the year find the profit share of ‘Q’ out of the total profit of Rs. 2250.
    A Rs. 1220 Correct Answer Incorrect Answer
    B Rs. 1200 Correct Answer Incorrect Answer
    C Rs. 1250 Correct Answer Incorrect Answer
    D Rs. 1270 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Capital × Time: P = 24000 × 12 = 288000 Q = 40000 × 9 = 360000 Ratio (P:Q): 288000 : 360000 = 24 : 30 = 4 : 5 Total Profit = 2250 P’s share = (4/9) × 2250 = 1000 Q’s share = (5/9) × 2250 = 1250 Hence, Q’s profit share = Rs. 1250

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