Question

P started a business investing Rs.16000. After 2 months, Q joined her with the capital of Rs.24000. After another 6 months, R joined them with the capital of Rs.30000. At the end of the year, they made a total profit of Rs.4600. Find the share of R.

A Rs.800 Correct Answer Incorrect Answer
B Rs.2000 Correct Answer Incorrect Answer
C Rs.1600 Correct Answer Incorrect Answer
D Rs.1000 Correct Answer Incorrect Answer

Solution

P invested her capital for 12 months, Q for 10 months and R for 4 months. So, ratio of their capitals = (16000 × 12):(24000 × 10):(30000 × 4) ⇒  192000 : 240000 : 120000 ⇒  8 : 10 : 5 Therefore, R’s share = 4600 x (5/23) = Rs.1000

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