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P and Q into a partnership for a year. Initial investment of P is Rs. 500 and initial investment of Q is 40% of initial investment of P. After 5 months, P adds half of the initial investment of P and after 4 months, Q adds again Rs. 200. Total profit they had is Rs.2350. Find the difference between their profit shares.1. Rs. 7502. Rs. 6003. Rs. 9004. Rs. 8005. Rs. 500 |
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Answer» Correct Answer - Option 1 : Rs. 750 Given: ⇒ Total investment of P = 500 × 5 + 750 × 7 = Rs.7750 ⇒ Initial investment of Q = 500 × 40/100 = Rs.200 ⇒ Total investment of Q = 200 × 4 + 400 × 8 = Rs.4000 Ratio oft their profit shares = 7750 : 4000 = 31 : 16 ∴ Required difference = 2350 × (31 - 16) /(31 + 16) = Rs.750 |
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