Question
Partners P, Q, and R started a company. P invested 36%
more than R, and Q invested 54% more than R. If the total profit after a year is Rs. 42000, how much does Q receive? (Calculate approximate value)Solution
ATQ,
Let R’s investment be Rs. ‘x’
Then, P’s investment = Rs. ‘1.36x’, Q’s investment = Rs. ‘1.54x’
Profit sharing ratio of P : Q : R = 1.36x : 1.54x : x = 34 : 38.5 : 25
To eliminate decimals, multiply all terms by 2:
Ratio = 68 : 77 : 50
Q’s share = (77 / (68 + 77 + 50)) × 42000 = (77 / 195) × 42000 = Rs. 16523.08 ≈ Rs. 16523
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