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    Question

    β€˜P’ started a business by investing Rs. 1,500. Six

    months later, β€˜Q’ joined him by making an investment which is equal to 80% of the investment made by β€˜P’. If at the end of the year, total profit received by them is Rs. 5,400, then find the profit share of β€˜Q’.
    A Rs 1000.05 Correct Answer Incorrect Answer
    B Rs 1250.55 Correct Answer Incorrect Answer
    C Rs.1542.86 Correct Answer Incorrect Answer
    D Rs 1600.25 Correct Answer Incorrect Answer
    E Rs 1800.55 Correct Answer Incorrect Answer

    Solution

    Given: P invested β‚Ή1500 for 12 months Q invested 80% of β‚Ή1500 = β‚Ή1200 for 6 months Total profit = β‚Ή5400 Find Q’s share of profit Calculate weighted investment (investment Γ— time) P: 1500Γ—12=18000 Q: 1200Γ—6=7200 Ratio of P:Q = 18000:7200=5:2 Total parts = 5 + 2 = 7 Q’s share = 2/7 Γ— 5400 = β‚Ή1542.86

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