Question
P and Q invested Rs. 18000 and Rs. 12000 in a business. After 8 months, R joined with Rs. 24000. At the end of the year, P’s share is Rs. 2400 more than Q’s share. Find the total profit.
Solution
Profit share ratio = (18000 × 12) : (12000 × 12) : (24000 × 4)
= 216000 : 144000 : 96000
= 9 : 6 : 4 Sum = 9 + 6 + 4 = 19
Let total profit = 19x
ATQ,
9x – 6x = 2400
3x = 2400
x = 800 Total profit = 19 × 800 = Rs. 15200
More Partnership Questions
- Raj invested Rs.45000 in a business. After 4 months, Rohan joins him with an investment of Rs.P. If at the end of the year the profit is Rs.65000 and profi...
- A started a business with an investment of Rs 16,000. After 2 months B joins in with 5/8 of the amount that A invested and A withdraws Rs 4,000. After 2 mo...
- ‘P’ and ‘Q’ started a business with investment of Rs. 3,000 and Rs. 4,200, respectively. After 8 months, ‘P’ increased his investment by Rs. ‘8y’. After an...
- ‘A’, ‘B’ and ‘C’ started a business by investing Rs. 2200, Rs. 4000 and Rs. 3000, respectively. After 4 months, ‘B’ left and ‘A’ and ‘C’ added Rs. 400 each...
- 'A', 'B' and 'C' started a business such that the sum invested by 'B' is (1/5)th of the total sum invested by all of them together and equals (3/4)th of th...
- A, B and C enter into a partnership with a capital in which A’s contribution is Rs. 14,000. If out of a total profit of Rs. 900, A gets Rs. 400 and B...
- A, B, and C started a business with initial investments of Rs. 1,500, Rs. 2,400, and Rs. 4,500, respectively. After 8 months, A and B increased their inves...
- ‘A’ started a business by investing Rs. 3000. Four months later, ‘B’ joined by investing Rs. ‘x’. If at the end of the year ‘B’ received Rs. 15,000 as prof...
- A, B and C enter into a partnership, A invest X + 5000, B invest 3X + 8000 and C invest X + 10000 for one year if B share is 6250 from total profit of 1250...
- A, B and C started a business with initial investments in the ratio 3:4:9, respectively. After one year A, B and C made additional investments equal to 22%...
Relevant for Exams:
