Question 69
P, Q and Renter into a partnership. P invests 3 times as much as Q invests and Q invests two-thirds of what R invests .At the end of the year, the profit earned is Rs 8800. What is the share of Q in the profit?
Solution
Let us assume that R invests 3X amount.
Q invests two-thirds of what R invests which means that Q invests 2X.
P invests 3 times as much as Q invests which means that P invest 6X.
The ratio in which P, Q and R should split profits is 6:2:3.
Q's share in profit = $$\frac{2}{6+2+3}\times\ 8800=1600$$.
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