Question
P, Q and R enter into a partnership by investing
Rs.6500, Rs.7500 and Rs.6800 respectively. After 4 months, P invested Rs.1200 more and Q withdraw the whole amount. And after another 5 months, R withdraws Rs.1200 and at the same time Q enters into a partnership by investing Rs.16,000. Find the difference between the shares of P and R, if the total profit at the end of the year is Rs.109620?Solution
The shares of P, Q and R is [6500 × 4 + 7700 × 8] : [7500 × 4 + 16000 × 3] : [6800 × 9 + 5600 × 3] 87600 : 78000 : 78000 219 : 195 : 195 The difference between the shares of P and R = (219 – 195) × 109620/ 609 = Rs.4320
What is the projected GDP growth rate for India in FY26 according to S&P Global Ratings?
- What is the financial outlay of the 'Lakhpati Baideo' scheme launched in Assam?
What is the investment target of the Uttar Pradesh Electronics Component Manufacturing Policy 2025?Â
What was the revised completion timeline for the Vizhinjam International Seaport project as per the supplementary concession agreement?
By what percentage did the microfinance industry's loan portfolio grow by the end of December 2023?
Why did India's rank drop from 80th in 2024 to 85th in the Henley Passport Index 2025?
What is the primary focus of the Indian Genomic Data Set launched at the Genome India Data Conclave?
When will Kochi host the 7th India International Seaweed Expo & Summit?Â
- What is the maximum ATM withdrawal charge allowed by RBI from May 1, 2025, beyond the free limit?
Birju Maharaj is a renowned exponent of which classical dance form?