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Question

P and Q together started a business with initial investment in the ratio of 1:8, respectively. The time-period of investment for P and Q is in the ratio of 4:15, respectively. Find the profit share of Q, if the profit share of P is Rs. 2000

A Rs. 60000 Correct Answer Incorrect Answer
B Rs. 65000 Correct Answer Incorrect Answer
C Rs. 67000 Correct Answer Incorrect Answer
D Rs. 68000 Correct Answer Incorrect Answer

Solution

Ratio of the profit share of P to Q = (1 × 4): (8 × 15) = 4:120 = 1:30  Profit share of Q = (30/1) × 2000 = Rs. 60000

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