Question
P and Q started a business by investing Rs. 24000 and Rs.
30000, respectively. After 4 months, R also joined them by investing Rs. 36000. If the annual profit received by them is Rs. 1820 then find the profit share of Q.Solution
ATQ,
Respective ratio of the profit share of P, Q and R = (24000 × 12):(30000 × 12):(36000 × 8) = 4:5:4
Profit share of Q = 1820 × {5/(4 + 5 + 4)} = Rs. 700
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