Multiple Choice Questions on P and Q entered into a partnership investing Rs 18 000 and Rs 20 000 respectively After 7 months R a........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

P and Q entered into a partnership investing Rs 18 000 and Rs 20 000 respectively After 7 months R a...........

Quantitative Aptitude ( CCS) Partnership
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    P and Q entered into a partnership investing Rs.18,000 and Rs.20,000 respectively. After 7 months R also joined the business with an investment of Rs.32,000. What is the share of R in an annual profit of Rs.46,200?

    Rs.14500

    Incorrect Answer

    Rs.12000

    Correct Answer

    Rs.11200

    Incorrect Answer

    Rs.9800

    Incorrect Answer
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    Explanation:

    Ratio = 18000*12 : 20000*12 : 32,000*5

    = 27 : 30 : 20

    R’s share = (20/77*46,200) = Rs.12000

    Hence, option 2 is the correct answer.

    By: Amit Kumar
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