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Direction : Study the following table and answer the questions that follow:
Year
Ratio of Investment of P:Q:R
Period of Investment(Months)
Total Profit (in Rs.)
P
Q
R
2012
4:3:5
4
6
-
20800
2013
-:3:-
8
5
39650
2014
5:4:-
3
2015
-:-:-4
22550
2016
3:-:5
7
14700
In 2014, out of the total profit, Q got Rs 12,000 as his share. R invested Rs 3600. If ratio of share of R in total profit to total profit is 3 : 10, find the total profit.
Rs 40, 000
Rs 35, 000
Rs 45, 000
Rs 50, 000
Rs 30, 000
In 2014, P invested Rs 5x, Q – 4x and R 3600 So ratio of share of profits of P, Q and R: 5x*3: 4x*5 : 3600*5 3x : 4x : 3600 Let total profit = Rs y So 4x/(7x+3600) * y = 12000………………………(1) xy/(7x+3600) = 3000 Also, [3600/(7x+3600) * y]/y = 3/10 y gets cancelled Solve, x = 1200 Put in (1) Solve, y = Rs 30, 000 = total profit
Hence, option 5 is the correct answer.
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