Question
P and Q invested in a partnership with Rs.400 and Rs.700
respectively. After 4 months Q added Rs. 'x' more. If at the end of the year profit share of P is Rs.800 out of total profit of Rs.(9x - 100), then find the profit share of Q.Solution
ATQ,
ATQ, Investments: P invested Rs.400 for 12 months β Total = 400Γ12= 4800. Q invested Rs.700 for 4 months, then Rs.700+x for 8 months β Total = 700Γ4+(700+x)Γ8=8400+8x. Profit-sharing ratio: Profit share β contribution: P:Q = 4800 : (8400+8x) Profit division: Total profit = 9xβ100, and P's share = Rs.800:
To calculate's Q's profit Share,
The total profit is = 9x β 100 = 9(300) β 100 = 2700 β 100 = 2600 P's profit is Rs.800, So, Q's profit is = 2600 β 800 =1800
Anchal, Bhavana, and Chetna commenced a business with initial investments of Rs. 15000, Rs. 12000, and Rs. 18000, respectively. They agreed that 'p' % o...
Three partners, 'A', 'B', and 'C', invested in a business with contributions of Rs. 24,000, Rs. 15,000, and Rs. 18,000, respectively. They committed the...
βAβ and βBβ invested Rs. 5000 and Rs. 4200, respectively in a business, together. After 6 months, βAβ withdrew 35% of his initial investment...
Palash invest twice the sum invested by Vicky and withdraws half of the sum after 3 months and again withdraws half of the remaining sum after 3 months....
βAβ started a business by investing Rs. 2000. Three months later, βBβ joined by investing Rs. βxβ. If at the end of the year βBβ receive...
βAβ and βBβ started a business by investing Rs. 12,000 and Rs. 14000, respectively. 12 months later, βCβ joined the business by investing Rs...
Three persons A, B and C invested different amounts in a business, which are in A.P. The amount invested by B is Rs. 2000 more than that of A. C investe...
βJβ, βKβ, and βLβ started a business with initial investments of Rs. β5x + 700β, Rs. β6x + 600β, and Rs. β3x + 400β respectively...
Chintu and Jimmy started a business by investing Rs.(3a - 200) and Rs.(4a - 400) respectively. Chintu invests his amount for 8 months whereas Jimmy inve...
P, Q and R invested their money in the ratio 4 : 5 : 7 respectively. The total amount invested by them was Rs. 5,90,000 and the profit earned was 40% of...