Question
βPβ started a business by investing Rs. 1,500. Six
months later, βQβ joined him by making an investment which is equal to 80% of the investment made by βPβ. If at the end of the year, total profit received by them is Rs. 5,400, then find the profit share of βQβ.Solution
Given: P invested βΉ1500 for 12 months Q invested 80% of βΉ1500 = βΉ1200 for 6 months Total profit = βΉ5400 Find Qβs share of profit Calculate weighted investment (investment Γ time) P: 1500Γ12=18000 Q: 1200Γ6=7200 Ratio of P:Q = 18000:7200=5:2 Total parts = 5 + 2 = 7 Qβs share = 2/7 Γ 5400 = βΉ1542.86
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