Question
'A' and 'B' started a business by investing Rs. 3,000 and Rs. 4,500, respectively. Four months later, 'C' joined by investing Rs. 'P'. If at the end of the year, the profit was divided among 'A', 'B' and 'C' in ratio 2:3:4, respectively, then find the value of 'P'.
Solution
Ratio of profit shares of 'A', 'B' and 'C' at the end of the year = (3000 * 12) : (4500 * 12) : (8 * P) = 4500 : 6750 : P ATQ: (6750/P) = (3/4) Or, (6750/P) = (3/4) Or, 27000 = 3P So, P = 9000
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