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M, P and Q jointly thought of engaging themselves in a business venture. It was agreed that M would invest Rs 6500 for 6 months, P Rs 8400 for 5 months and Q Rs 10,000 for 3 months. M was to be the working member of the group for which he was to receives 5% of the profits. The profit earned was Rs 7030.Calculate the share of Q in the profit.
  • a)
    Rs 2660
  • b)
    Rs 1900
  • c)
    Rs 2840
  • d)
    Rs 2800
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
M, P and Q jointly thought of engaging themselves in a business ventur...
M, P, Q share the remaining profit of Rs 7,030 in the ratio 6500 x 6 : 8400 x 5 : 10000 x 3
i.e., 13 : 14 : 10
∴ Q's share = 14/37 x 7030 = Rs 2,660
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M, P and Q jointly thought of engaging themselves in a business venture. It was agreed that M would invest Rs 6500 for 6 months, P Rs 8400 for 5 months and Q Rs 10,000 for 3 months. M was to be the working member of the group for which he was to receives 5% of the profits. The profit earned was Rs 7030.Calculate the share of Q in the profit.a)Rs 2660b)Rs 1900c)Rs 2840d)Rs 2800Correct answer is option 'A'. Can you explain this answer?
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M, P and Q jointly thought of engaging themselves in a business venture. It was agreed that M would invest Rs 6500 for 6 months, P Rs 8400 for 5 months and Q Rs 10,000 for 3 months. M was to be the working member of the group for which he was to receives 5% of the profits. The profit earned was Rs 7030.Calculate the share of Q in the profit.a)Rs 2660b)Rs 1900c)Rs 2840d)Rs 2800Correct answer is option 'A'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about M, P and Q jointly thought of engaging themselves in a business venture. It was agreed that M would invest Rs 6500 for 6 months, P Rs 8400 for 5 months and Q Rs 10,000 for 3 months. M was to be the working member of the group for which he was to receives 5% of the profits. The profit earned was Rs 7030.Calculate the share of Q in the profit.a)Rs 2660b)Rs 1900c)Rs 2840d)Rs 2800Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for M, P and Q jointly thought of engaging themselves in a business venture. It was agreed that M would invest Rs 6500 for 6 months, P Rs 8400 for 5 months and Q Rs 10,000 for 3 months. M was to be the working member of the group for which he was to receives 5% of the profits. The profit earned was Rs 7030.Calculate the share of Q in the profit.a)Rs 2660b)Rs 1900c)Rs 2840d)Rs 2800Correct answer is option 'A'. Can you explain this answer?.
Solutions for M, P and Q jointly thought of engaging themselves in a business venture. It was agreed that M would invest Rs 6500 for 6 months, P Rs 8400 for 5 months and Q Rs 10,000 for 3 months. M was to be the working member of the group for which he was to receives 5% of the profits. The profit earned was Rs 7030.Calculate the share of Q in the profit.a)Rs 2660b)Rs 1900c)Rs 2840d)Rs 2800Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Railways. Download more important topics, notes, lectures and mock test series for Railways Exam by signing up for free.
Here you can find the meaning of M, P and Q jointly thought of engaging themselves in a business venture. It was agreed that M would invest Rs 6500 for 6 months, P Rs 8400 for 5 months and Q Rs 10,000 for 3 months. M was to be the working member of the group for which he was to receives 5% of the profits. The profit earned was Rs 7030.Calculate the share of Q in the profit.a)Rs 2660b)Rs 1900c)Rs 2840d)Rs 2800Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of M, P and Q jointly thought of engaging themselves in a business venture. It was agreed that M would invest Rs 6500 for 6 months, P Rs 8400 for 5 months and Q Rs 10,000 for 3 months. M was to be the working member of the group for which he was to receives 5% of the profits. The profit earned was Rs 7030.Calculate the share of Q in the profit.a)Rs 2660b)Rs 1900c)Rs 2840d)Rs 2800Correct answer is option 'A'. Can you explain this answer?, a detailed solution for M, P and Q jointly thought of engaging themselves in a business venture. It was agreed that M would invest Rs 6500 for 6 months, P Rs 8400 for 5 months and Q Rs 10,000 for 3 months. M was to be the working member of the group for which he was to receives 5% of the profits. The profit earned was Rs 7030.Calculate the share of Q in the profit.a)Rs 2660b)Rs 1900c)Rs 2840d)Rs 2800Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of M, P and Q jointly thought of engaging themselves in a business venture. It was agreed that M would invest Rs 6500 for 6 months, P Rs 8400 for 5 months and Q Rs 10,000 for 3 months. M was to be the working member of the group for which he was to receives 5% of the profits. The profit earned was Rs 7030.Calculate the share of Q in the profit.a)Rs 2660b)Rs 1900c)Rs 2840d)Rs 2800Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice M, P and Q jointly thought of engaging themselves in a business venture. It was agreed that M would invest Rs 6500 for 6 months, P Rs 8400 for 5 months and Q Rs 10,000 for 3 months. M was to be the working member of the group for which he was to receives 5% of the profits. The profit earned was Rs 7030.Calculate the share of Q in the profit.a)Rs 2660b)Rs 1900c)Rs 2840d)Rs 2800Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice Railways tests.
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