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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