Question 71
P, Q and R invest ₹14000, ₹18000 and ₹24000 respectively to start a business. If the profit at the end of the year is ₹25480, then what is difference between the profits of P and Q?
Solution
Since, they all invest for the same time period, hence ratio of profits is equal to ratio of investments.
= $$7:9:12$$
=> Difference between profits of P and Q = $$\frac{(9-7)}{(7+9+12)}\times25480$$
= $$2\times910=Rs.$$ $$1820$$
=> Ans - (C)
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