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At the beginning of a partnership business, the capital of P was 9/4 of Q. After four months P withdrew 1/3 of his capital and after six months Q withdrew 1/2th of his capital. At the end of the year, if the profit incurred is Rs. 88,000. Find the amount received by P.
Rs. 56700
Rs. 61600
Rs. 70300
Rs. 35200
Rs. 26400
Correct option 2: Rs 61600
Let the Initial investment of Q be Rs 4X Initial investment of P will be Rs 9X According to question, After four months P withdrew 1/3 of his capital Investment of P for rest of the year = 2/3 x 9 = 6X After six months Q withdrew 1/2th of his capital Investment of Q for rest of the year = 1/2 x 4 = 2X Now, ⇒ 9X x 4 + 6X x 8: 4X x 6 + 2X x 6 ⇒ 84X: 36X= 7:3 .. Amount received by P after 1 year = 7/10 x 88000 = Rs 61600
By: Parvesh Mehta ProfileResourcesReport error
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