Pardeep Kumar Reader publication makes a profit of 9,00,000, 20% of which is paid as taxes. If the rest is divided among the partners P, Q and R in the ratio 1:(3/2): 2, then the shares of P, Q and R are respectively.
Rs.2,40,000; Rs. 3,20,000; Rs.1,60,000
Incorrect AnswerRs.3,20,000; Rs.2,40,000; Rs.1,60,000
Incorrect AnswerRs.1,60,000; Rs.23,20,000; Rs.22,40,000
Incorrect AnswerRs.1,60,000; Rs.2,40,000; Rs.3, 20,000
Correct AnswerExplanation:
P : Q : R
Capital → 1 : 3/2 : 2
Profit → 2 : 3 : 4
Note : Profit would be divided in the ration of their capitals.
Profit = (2x+3x+4x) = 9x units
According to the question,
9x = 9,00,000 × 80/100
9x = 7,20,000
x = 80,000
Profit of P = 2x = 2 × 80,000 = Rs. 1,60,000
Profit of Q = 3x = 3 × 80,000 = Rs. 2,40,000
Profit of R = 4x = 4 × 80,000 = Rs. 3,20,000
By: Pranav Gupta ProfileResourcesReport error