πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!


    ⚑ Month End Offer - Flat 52% Off On All Courses! Enroll Now ⚑
    00:00:00 AM Left

    Question

    P, Q and R jointly invested in a business. Their initial

    investments were Rs. 3600, Rs. 4800 and Rs. β€˜y’ respectively. If P and Q together received Rs. 5400 out of a total profit of Rs. 8700, find the amount invested by R.
    A Rs.4200 Correct Answer Incorrect Answer
    B Rs.5200 Correct Answer Incorrect Answer
    C Rs.5000 Correct Answer Incorrect Answer
    D Rs.6700 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Profit share ratio of (P + Q) : R = 5400 : (8700 – 5400) = 5400 : 3300 = 18 : 11 So, value of y = 11/18 Γ— (3600 + 4800) = Rs. 5200

    Practice Next
    ask-question