New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    P and Q together started a business with initial

    investment in the ratio of 2:3, respectively. The time-period of investment for P and Q is in the ratio of 4:5, respectively. Find the profit share of Q, if the profit share of P is Rs. 4000
    A Rs. 7200 Correct Answer Incorrect Answer
    B Rs. 7300 Correct Answer Incorrect Answer
    C Rs. 7500 Correct Answer Incorrect Answer
    D Rs. 7700 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of the profit share of A to B = (2 × 4): (3 × 5) = 8:15  Profit share of B = (15/8) × 4000 = Rs. 7500

    Practice Next

    Relevant for Exams: