Multiple Choice Questions on P amp Q entered in to partenership P investing Rs 8000 and Rs 6000 respectively ........... for Mathematics - All Exams Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    P & Q entered in to partenership P investing Rs 8000 and Rs 6000 respectively. After 3 months P withdrew Rs 2000 while Q invested Rs 2000 more. After 3 more months, R joins the business with a capital of Rs 11000. The share of Q exceeds that of R. Out of the a total profit of Rs 35,100 after one year by.

    2300

    Incorrect Answer

    3600

    Correct Answer

    3800

    Incorrect Answer

    4200

    Incorrect Answer
    Explanation:

    P : Q : R = (8000 × 3 + 6000 × 9) : (6000 × 3 + 8000 × 9) : (11000 × 6)
    ⇒ (24000 + 54000) : (18000 + 72000) : (6600)
    ⇒ 78000 : 90000 : 66000
    ⇒ 26 : 30 : 22
    ⇒ 13 : 15 : 11
       Difference of Q's & R's shares 
    = Rs[35100 x 15/39 - 35100 x 11/39]
    ⇒  Rs.(900 × 15 – 900 × 11) 
    ⇒  13500 – 9900   ⇒  Rs 3600.


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