Question
P and Q started a company with Rs. 60,000 and Rs. 45,000 respectively. After 6 months, R invested Rs. 40,000 in the business. The profit earned at the end of the year was Rs. 31,200. Find the share of Q in the profit.
Solution
ATQ,
Profit sharing ratio of P, Q and R:
= (60000 × 12) : (45000 × 12) : (40000 × 6)
= 720000 : 540000 : 240000
= 12 : 9 : 4
Total = 25 parts
Q’s share = 31200 × (9 / 25) = Rs. 11,232
More Partnership Questions
- A, B and C invested in partnership. A invest Rs.8000 for 6 months, B invests Rs.5000 for 4 months and C invests Rs.12000 for 3 months. C is working partner...
- P and Q began a business by investing Rs. 1000 and Rs. ‘y’ respectively. Q exited the business after 4 months. If P’s share out of a yearly profit of Rs. 6...
- A & B invested Rs. 2X and Rs. (2X + 900) for same period of time in a business. If A gets Rs. 2500 as profit share out of total profit of Rs. 6500, the...
- Ajay and Akshay started a business with initial investments of Rs. 12,000 and Rs. 15,000, respectively. After 6 months, Ajay increased his investment by Rs...
- If a sum of money is to be divided among A, B, C such that A’s share is equal to thrice B’s share and B’s share is 8 times C’s share then their shares are ...
- 'P' invested Rs. 7,500 in a business. After 'n' months, 'Q' joined the business investing Rs. 2,500 more than 'P'. At the end of 20 months since 'P' starte...
- Sudeep and Sandeep invested in a partnership, contributing their capitals in the ratio of 16:19. They invested for periods of 5 months and 7 months, respec...
- ‘Rina’ and ‘Meena’ invested Rs. 1,800 and Rs. 3,000 respectively in a startup. After 15 months, Rina increased her capital by 50% while Meena decreased her...
- Two persons A and B start a business with investment of Rs 12000 and Rs 14000 respectively. After 4 months C also joined them with certain investment. Tota...
- P and Q started a business by investing Rs.9000 and Rs.7500 respectively. After 5 months, Q increased his investment by a certain percentage such that at t...
