New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    P and Q together started a business with initial

    investment in the ratio of 1:3, 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. 6000
    A Rs. 22000 Correct Answer Incorrect Answer
    B Rs. 21500 Correct Answer Incorrect Answer
    C Rs. 22500 Correct Answer Incorrect Answer
    D Rs. 22400 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of the profit share of P to Q = (1 × 4): (3 × 5) = 4:15  Profit share of Q = (15/4) × 6000 = Rs. 22500

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