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P and Q started a business by investing ...

P and Q started a business by investing `₹ 15,000` and `₹18,000` respectively. After four months R joined the business with a capital of `₹10,000`. After two more months Q left the business with his capital. At the end of the year P got a share of `₹4,500` in the profit. What is the total profit earned ?

A

`₹ 6800`

B

`₹7600`

C

`₹8600`

D

`₹9200`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will calculate the share of profit for each partner based on their investments and the duration for which they invested. ### Step 1: Calculate the investment duration for each partner. - **P's investment**: ₹15,000 for 12 months. - **Q's investment**: ₹18,000 for 6 months (since he left after 6 months). - **R's investment**: ₹10,000 for 8 months (joined after 4 months). ### Step 2: Calculate the capital contribution of each partner in terms of "capital months." - **P's contribution**: \[ 15,000 \times 12 = 180,000 \text{ capital months} \] - **Q's contribution**: \[ 18,000 \times 6 = 108,000 \text{ capital months} \] - **R's contribution**: \[ 10,000 \times 8 = 80,000 \text{ capital months} \] ### Step 3: Calculate the total capital months. \[ \text{Total capital months} = 180,000 + 108,000 + 80,000 = 368,000 \] ### Step 4: Determine the ratio of their contributions. - The ratio of contributions is: \[ P : Q : R = 180,000 : 108,000 : 80,000 \] Simplifying this ratio: \[ P : Q : R = 180 : 108 : 80 \] Dividing each term by 36: \[ P : Q : R = 5 : 3 : \frac{80}{36} \approx 5 : 3 : 2.22 \text{ (approximately)} \] To make it whole numbers, we can multiply by 9: \[ P : Q : R = 45 : 27 : 20 \] ### Step 5: Calculate the total profit based on P's share. Given that P's share of the profit is ₹4,500, we can set up the following proportion: \[ \frac{P's \text{ share}}{Total \text{ profit}} = \frac{45}{Total \text{ parts}} \] Where total parts = \(45 + 27 + 20 = 92\). ### Step 6: Calculate the total profit. Let \(X\) be the total profit. \[ \frac{4500}{X} = \frac{45}{92} \] Cross-multiplying gives: \[ 4500 \times 92 = 45X \] \[ 414000 = 45X \] \[ X = \frac{414000}{45} = 9200 \] ### Final Answer: The total profit earned is **₹9,200**. ---

To solve the problem step by step, we will calculate the share of profit for each partner based on their investments and the duration for which they invested. ### Step 1: Calculate the investment duration for each partner. - **P's investment**: ₹15,000 for 12 months. - **Q's investment**: ₹18,000 for 6 months (since he left after 6 months). - **R's investment**: ₹10,000 for 8 months (joined after 4 months). ### Step 2: Calculate the capital contribution of each partner in terms of "capital months." ...
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