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 1:7, respectively. The time-period of investment for P and Q is in the ratio of 4:13, respectively. Find the profit share of Q, if the profit share of P is Rs. 1500
    A Rs. 34225 Correct Answer Incorrect Answer
    B Rs. 34135 Correct Answer Incorrect Answer
    C Rs. 34125 Correct Answer Incorrect Answer
    D Rs. 34425 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of the profit share of P to Q = (1 × 4): (7 × 13) = 4:91  Profit share of Q = (91/4) × 1500 = Rs. 34125

    Practice Next