P, Q and R started a business by investing Rs.50000, Rs.60000 and Rs.70000 respectively. After 6 months R withdrew Rs.10000 while P investe… — Answer & Discussion

P, Q and R started a business by investing Rs.50000, Rs.60000 and Rs.70000 respectively. After 6 months R withdrew Rs.10000 while P invested Rs.10000 more. In annual profit of Rs.72000, the share of R will exceed that of P by

ARs. 4500
BRs. 6000
CRs. 3040
DRs. 4000

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Discussion 2

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CCommunity08 May 2019

The final returns in partnership are given in the ratio of product of their investment for the specified period.

The ratio of share of P, Q and R = (50000 × 6 + 60000 × 6) : (60000 × 12) : (70000 × 6 + 60000 × 6)

= 660000 : 720000 : 780000

= 11 : 12 : 13

Thus share of R = 13/36 × 72000 = 26000

Share of P = 11/36 × 72000 = 22000

Share of R will exceed that of P by = 26000 – 22000 = 4000

CCommunity20 May 2019