P and Q start a joint business. P invests for and Q invests a certain sum for . If the total profit made is and Q's share of the profit is , find the capital amount invested by Q.
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Solution & Step-by-step Explanation
Given criteria:
* Total combined profit =
* Profit share of Q =
Thus, the profit share of P =
Ratio of the profits of P and Q:
Let the principal capital invested by Q be .
Ratio of their equivalent month-based capitals:
Since the ratio of capital must equal the ratio of profit shares:
* Total combined profit =
* Profit share of Q =
Thus, the profit share of P =
Ratio of the profits of P and Q:
Let the principal capital invested by Q be .
Ratio of their equivalent month-based capitals:
Since the ratio of capital must equal the ratio of profit shares: