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    Question

    ‘P’ and ‘Q’ entered into a business with initial

    investments of Rs. 1000 and Rs. 700 respectively. After 3 months, ‘P’ withdrew Rs. 300 while ‘Q’ added Rs. 300 more. If the total profit earned at the end of one year is Rs. 22000, then find the profit share of ‘Q’.
    A Rs.11,500 Correct Answer Incorrect Answer
    B Rs.12,000 Correct Answer Incorrect Answer
    C Rs.13,500 Correct Answer Incorrect Answer
    D Rs.19,650 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Ratio of profit share of ‘P’ and ‘Q’ = (1000 × 3 + 700 × 9) : (700 × 3 + 1000 × 9) = 21 : 23 Profit share of ‘Q’ = (23/44) × 22000 = 11,500

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