Two friends P and Q stared a business investing amount in the ratio of 5: 6. R joined them after 6 months investing an amount equal to that of Qandrsquo;s amount. At the end of year, 20% profit was earned which was equal to Rs. 98,000. What was the share of R?a)Rs. 2,10,00b)Rs. 1,05,000c)Rs. 1,750,0d)Rs. 2,25,00Correct answer is option 'A'. Can you explain this answer?

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a)
Rs. 2,10,00
b)
Rs. 1,05,000
c)
Rs. 1,750,0
d)
Rs. 2,25,00

Correct answer is option 'A'. Can you explain this answer?

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Two friends P and Q stared a business investing amount in the ratio of...

Given Data:
- Investment ratio of P and Q = 5:6
- R joined after 6 months and invested an amount equal to Q's amount
- Total profit at the end of the year = Rs. 98,000

Calculation:
1. Let the initial investments of P and Q be 5x and 6x respectively.
2. R invested an amount equal to Q's investment, which is 6x after 6 months.
3. The total profit of Rs. 98,000 is divided in the ratio of their investments and time period.
4. Since P and Q invested for the entire year and R invested for only 6 months, their profit sharing ratio will be in the ratio of (5x*12):(6x*12):(6x*6) = 60x:72x:36x.
5. The total profit is given as 20% of the total amount, which is Rs. 98,000.
6. Therefore, 20% of the total investment = Rs. 98,000
7. Total investment = Rs. 98,000 * 100/20 = Rs. 4,90,000
8. Now, by calculating the values of x, we find x = Rs. 8,166.67
9. R's share in the profit will be 36x = 36 * 8,166.67 = Rs. 2,93,333.33
Therefore, R's share in the profit is Rs. 2,10,000, which is option A.

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Two friends P and Q stared a business investing amount in the ratio of 5: 6. R joined them after 6 months investing an amount equal to that of Q’s amount. At the end of year, 20% profit was earned which was equal to Rs. 98,000. What was the share of R?a)Rs. 2,10,00b)Rs. 1,05,000c)Rs. 1,750,0d)Rs. 2,25,00Correct answer is option 'A'. Can you explain this answer?

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Two friends P and Q stared a business investing amount in the ratio of 5: 6. R joined them after 6 months investing an amount equal to that of Q’s amount. At the end of year, 20% profit was earned which was equal to Rs. 98,000. What was the share of R?a)Rs. 2,10,00b)Rs. 1,05,000c)Rs. 1,750,0d)Rs. 2,25,00Correct answer is option 'A'. Can you explain this answer? for Teaching 2024 is part of Teaching preparation. The Question and answers have been prepared according to the Teaching exam syllabus. Information about Two friends P and Q stared a business investing amount in the ratio of 5: 6. R joined them after 6 months investing an amount equal to that of Q’s amount. At the end of year, 20% profit was earned which was equal to Rs. 98,000. What was the share of R?a)Rs. 2,10,00b)Rs. 1,05,000c)Rs. 1,750,0d)Rs. 2,25,00Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Teaching 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Two friends P and Q stared a business investing amount in the ratio of 5: 6. R joined them after 6 months investing an amount equal to that of Q’s amount. At the end of year, 20% profit was earned which was equal to Rs. 98,000. What was the share of R?a)Rs. 2,10,00b)Rs. 1,05,000c)Rs. 1,750,0d)Rs. 2,25,00Correct answer is option 'A'. Can you explain this answer?.

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