M P and Q together started a business M invested Rs 6 500 for 6 months P invested Rs 8 400 for 5 mon...........

Quantitative Aptitude (RBI Grade B) Partnership

M, P and Q together started a business. M invested Rs. 6,500 for 6 months, P invested Rs. 8,400 for 5 months and Q invested Rs. 10,000 for 3 months. M is working member for which he gets 5% of total profit extra. If the total gain is Rs. 7,400, then Q's share is :

1,900

2,100

3,200

Data are incomplete

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Explanation:

M P Q
Capital →6500: 8400: 10000
× × ×
Time → 6 5 3
390 : 420 : 300
Profit → 13 : 14 : 10
M’s extra share on working partner = 7400 × 5 / 100 = Rs. 370
Remaining profit = Rs. 7400 – 370 = Rs. 7030
According to the question,
(13+14+10) units = Rs. 7030
37 units = Rs. 7030
1 units = Rs. 7030/37
Profit of Q = 10 units = Rs. 7030 /37 × 10 = Rs. 1900

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