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R enter into a partnership in the ratio ...

R enter into a partnership in the ratio 2 : 3 : 5 . After 2 months, P increases his share 20% and Q by 10%. If the total profit at the end of one year is Rs 1,90,500, what amount will 'R' receive at the end of year as share in profit ?

A

A) Rs. 90500

B

B) Rs. 87500

C

C) Rs. 88900

D

D) Rs. 90000

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The correct Answer is:
To solve the problem step by step, we will first determine the effective capital contribution of each partner over the year, taking into account the changes in their shares. ### Step 1: Determine the initial investment of P, Q, and R The initial investment ratio of P, Q, and R is given as 2:3:5. Let's assume the initial investments are: - P's investment = 2x - Q's investment = 3x - R's investment = 5x ### Step 2: Calculate the time each partner's investment is active - P's investment (2x) is active for 12 months. - Q's investment (3x) is active for 12 months. - R's investment (5x) is active for 12 months. After 2 months: - P increases his investment by 20%, so his new investment becomes 2x * 1.2 = 2.4x. This new investment is active for the remaining 10 months. - Q increases his investment by 10%, so his new investment becomes 3x * 1.1 = 3.3x. This new investment is also active for the remaining 10 months. - R's investment remains 5x for the entire year (12 months). ### Step 3: Calculate the effective capital contribution for each partner Now, we will calculate the effective capital contribution for each partner: - **P's effective capital contribution:** - For the first 2 months: 2x * 2 = 4x - For the next 10 months: 2.4x * 10 = 24x - Total for P = 4x + 24x = 28x - **Q's effective capital contribution:** - For the first 2 months: 3x * 2 = 6x - For the next 10 months: 3.3x * 10 = 33x - Total for Q = 6x + 33x = 39x - **R's effective capital contribution:** - For the entire year: 5x * 12 = 60x - Total for R = 60x ### Step 4: Calculate the total effective capital contribution Total effective capital contribution = P's contribution + Q's contribution + R's contribution = 28x + 39x + 60x = 127x ### Step 5: Determine R's share of the profit The total profit at the end of the year is Rs 1,90,500. Now we can find R's share of the profit: R's share of the profit = (R's contribution / Total contribution) * Total profit = (60x / 127x) * 1,90,500 = (60 / 127) * 1,90,500 ### Step 6: Calculate R's profit share Now, we will calculate R's share: R's share = (60 / 127) * 1,90,500 = 60 * 1,90,500 / 127 = 1,14,300 / 127 ≈ 60,000 (after calculation) Thus, R will receive approximately Rs 60,000 as his share of the profit at the end of the year. ---
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