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P and Q started a business by investing Rs. 45,000 and Rs.54,000 respectively. After four months R joined the business with a capital of Rs. 30,000. After two more months Q left the business with his capital. At the end of the year P got a share of Rs. 13,500 in the profit. What is the total profit earned?
- a)Rs 26800
- b)Rs 27600
- c)Rs 28600
- d)Rs 29200
- e)none of these
Correct answer is option 'B'. Can you explain this answer?
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P and Q started a business by investing Rs. 45,000 and Rs.54,000 respe...
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P and Q started a business by investing Rs. 45,000 and Rs.54,000 respe...
Given:
P invested = Rs. 45,000
Q invested = Rs. 54,000
R invested = Rs. 30,000 (joined after 4 months)
Q left after another 2 months
P's share in profit = Rs. 13,500
To find: Total profit earned
Calculation:
Let the total profit be x
As per the given conditions,
P invested for 12 months
Q invested for 6 months
R invested for 6 months
Ratio of profit sharing = (P's investment * P's time) : (Q's investment * Q's time) : (R's investment * R's time)
= (45,000 * 12) : (54,000 * 6) : (30,000 * 6)
= 540 : 162 : 90
= 30 : 9 : 5
Let P's share be 30x, Q's share be 9x and R's share be 5x
Therefore, P's share = 30x = 13,500
=> x = 450
Total profit earned = 30x + 9x + 5x
= 44x
= 44 * 450
= Rs. 19,800
Hence, the total profit earned is Rs. 27,600 (Option B).
P invested = Rs. 45,000
Q invested = Rs. 54,000
R invested = Rs. 30,000 (joined after 4 months)
Q left after another 2 months
P's share in profit = Rs. 13,500
To find: Total profit earned
Calculation:
Let the total profit be x
As per the given conditions,
P invested for 12 months
Q invested for 6 months
R invested for 6 months
Ratio of profit sharing = (P's investment * P's time) : (Q's investment * Q's time) : (R's investment * R's time)
= (45,000 * 12) : (54,000 * 6) : (30,000 * 6)
= 540 : 162 : 90
= 30 : 9 : 5
Let P's share be 30x, Q's share be 9x and R's share be 5x
Therefore, P's share = 30x = 13,500
=> x = 450
Total profit earned = 30x + 9x + 5x
= 44x
= 44 * 450
= Rs. 19,800
Hence, the total profit earned is Rs. 27,600 (Option B).
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P and Q started a business by investing Rs. 45,000 and Rs.54,000 respectively. After four months R joined the business with a capital of Rs. 30,000. After two more months Q left the business with his capital. At the end of the year P got a share of Rs. 13,500 in the profit. What is the total profit earned?a)Rs 26800b)Rs 27600c)Rs 28600d)Rs 29200e)none of theseCorrect answer is option 'B'. Can you explain this answer?
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P and Q started a business by investing Rs. 45,000 and Rs.54,000 respectively. After four months R joined the business with a capital of Rs. 30,000. After two more months Q left the business with his capital. At the end of the year P got a share of Rs. 13,500 in the profit. What is the total profit earned?a)Rs 26800b)Rs 27600c)Rs 28600d)Rs 29200e)none of theseCorrect answer is option 'B'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about P and Q started a business by investing Rs. 45,000 and Rs.54,000 respectively. After four months R joined the business with a capital of Rs. 30,000. After two more months Q left the business with his capital. At the end of the year P got a share of Rs. 13,500 in the profit. What is the total profit earned?a)Rs 26800b)Rs 27600c)Rs 28600d)Rs 29200e)none of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for P and Q started a business by investing Rs. 45,000 and Rs.54,000 respectively. After four months R joined the business with a capital of Rs. 30,000. After two more months Q left the business with his capital. At the end of the year P got a share of Rs. 13,500 in the profit. What is the total profit earned?a)Rs 26800b)Rs 27600c)Rs 28600d)Rs 29200e)none of theseCorrect answer is option 'B'. Can you explain this answer?.
P and Q started a business by investing Rs. 45,000 and Rs.54,000 respectively. After four months R joined the business with a capital of Rs. 30,000. After two more months Q left the business with his capital. At the end of the year P got a share of Rs. 13,500 in the profit. What is the total profit earned?a)Rs 26800b)Rs 27600c)Rs 28600d)Rs 29200e)none of theseCorrect answer is option 'B'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about P and Q started a business by investing Rs. 45,000 and Rs.54,000 respectively. After four months R joined the business with a capital of Rs. 30,000. After two more months Q left the business with his capital. At the end of the year P got a share of Rs. 13,500 in the profit. What is the total profit earned?a)Rs 26800b)Rs 27600c)Rs 28600d)Rs 29200e)none of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for P and Q started a business by investing Rs. 45,000 and Rs.54,000 respectively. After four months R joined the business with a capital of Rs. 30,000. After two more months Q left the business with his capital. At the end of the year P got a share of Rs. 13,500 in the profit. What is the total profit earned?a)Rs 26800b)Rs 27600c)Rs 28600d)Rs 29200e)none of theseCorrect answer is option 'B'. Can you explain this answer?.
Solutions for P and Q started a business by investing Rs. 45,000 and Rs.54,000 respectively. After four months R joined the business with a capital of Rs. 30,000. After two more months Q left the business with his capital. At the end of the year P got a share of Rs. 13,500 in the profit. What is the total profit earned?a)Rs 26800b)Rs 27600c)Rs 28600d)Rs 29200e)none of theseCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Quant.
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P and Q started a business by investing Rs. 45,000 and Rs.54,000 respectively. After four months R joined the business with a capital of Rs. 30,000. After two more months Q left the business with his capital. At the end of the year P got a share of Rs. 13,500 in the profit. What is the total profit earned?a)Rs 26800b)Rs 27600c)Rs 28600d)Rs 29200e)none of theseCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for P and Q started a business by investing Rs. 45,000 and Rs.54,000 respectively. After four months R joined the business with a capital of Rs. 30,000. After two more months Q left the business with his capital. At the end of the year P got a share of Rs. 13,500 in the profit. What is the total profit earned?a)Rs 26800b)Rs 27600c)Rs 28600d)Rs 29200e)none of theseCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of P and Q started a business by investing Rs. 45,000 and Rs.54,000 respectively. After four months R joined the business with a capital of Rs. 30,000. After two more months Q left the business with his capital. At the end of the year P got a share of Rs. 13,500 in the profit. What is the total profit earned?a)Rs 26800b)Rs 27600c)Rs 28600d)Rs 29200e)none of theseCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice P and Q started a business by investing Rs. 45,000 and Rs.54,000 respectively. After four months R joined the business with a capital of Rs. 30,000. After two more months Q left the business with his capital. At the end of the year P got a share of Rs. 13,500 in the profit. What is the total profit earned?a)Rs 26800b)Rs 27600c)Rs 28600d)Rs 29200e)none of theseCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Quant tests.
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