P and Q start a business with ₹ and ₹. After months R joined the business with ₹. After years, what will be the amount of profit (in ₹) for Q, if all the three earned a total profit of ₹?
- A54,000
- B36,800
- C28,800
- D64,800
Solution & Step-by-step Explanation
The profit sharing ratio in a partnership is proportional to the product of the investment amount and the corresponding time duration.
The total duration of the business = years months.
* P's investment duration: months
* Q's investment duration: months
* R's investment duration: Joins after 8 months months
Let's compute the ratio of profits ():
Divide by 1000 to simplify:
Now, divide each term by 12:
Now, divide each term by 6:
Sum of ratio components = .
Total profit = ₹.
The share of profit for Q is:
The total duration of the business = years months.
* P's investment duration: months
* Q's investment duration: months
* R's investment duration: Joins after 8 months months
Let's compute the ratio of profits ():
Divide by 1000 to simplify:
Now, divide each term by 12:
Now, divide each term by 6:
Sum of ratio components = .
Total profit = ₹.
The share of profit for Q is: