📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    Pawan and Qureshi began a

    business with their investments in the ratio of 8:9. The time periods for their investments were in the ratio of 3:4 for Pawan and Qureshi, respectively. If the total profit generated was Rs. 9,625, determine Qureshi's share of the profit.
    A Rs. 2,775 Correct Answer Incorrect Answer
    B Rs. 3,575 Correct Answer Incorrect Answer
    C Rs. 5,775 Correct Answer Incorrect Answer
    D None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let the investment of 'Pawan' and 'Qureshi' be Rs. '8a' and Rs. '9a', respectively. Let the time periods of investment of 'Pawan' and 'Qureshi' be '3b' and '4b', years respectively. Ratio of profit shares of 'Pawan' to that of 'Qureshi' = (8a × 3b) :(9a × 4b) = 2:3 Therefore, profit share of 'Qureshi' = (3/5) × 9,625 = Rs. 5,775

    Practice Next
    More Partnership Questions
    ask-question