Home
Class 14
MATHS
P started a business by the investing Rs...

P started a business by the investing Rs. 35000 and Q joined him after one year with an amount of Rs. 21000. After two years from the starting of the business, they earned profit of Rs. 26000. What will be the Ps share (in Rs.) in the profit?

A

15000

B

18000

C

20000

D

16000

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to determine P's share in the profit of Rs. 26,000 based on their investments and the duration for which they invested. ### Step-by-Step Solution: 1. **Identify the Investments and Time Periods:** - P's investment: Rs. 35,000 (for 2 years) - Q's investment: Rs. 21,000 (for 1 year) 2. **Calculate the Effective Investment:** - For P: - Effective investment = Investment × Time = Rs. 35,000 × 2 = Rs. 70,000 - For Q: - Effective investment = Investment × Time = Rs. 21,000 × 1 = Rs. 21,000 3. **Determine the Profit Sharing Ratio:** - P's effective investment: Rs. 70,000 - Q's effective investment: Rs. 21,000 - Ratio of P's to Q's investment = 70,000 : 21,000 4. **Simplify the Ratio:** - To simplify, we can divide both sides by 7,000: - P : Q = 10 : 3 5. **Calculate Total Parts in the Ratio:** - Total parts = 10 (for P) + 3 (for Q) = 13 parts 6. **Determine the Value of Each Part:** - Total profit = Rs. 26,000 - Value of one part = Total profit / Total parts = 26,000 / 13 = Rs. 2,000 7. **Calculate P's Share in the Profit:** - P's share = P's parts × Value of one part = 10 × 2,000 = Rs. 20,000 ### Final Answer: P's share in the profit is Rs. 20,000. ---
Doubtnut Promotions Banner Mobile Dark
|

Topper's Solved these Questions

  • RATIO AND PROPORTION

    KIRAN PUBLICATION|Exercise TYPE-VI|16 Videos
  • RATIO AND PROPORTION

    KIRAN PUBLICATION|Exercise TYPE-VII|30 Videos
  • RATIO AND PROPORTION

    KIRAN PUBLICATION|Exercise TYPE-IV|30 Videos
  • PROFIT AND LOSS

    KIRAN PUBLICATION|Exercise TEST YOURSELF|23 Videos
  • SEQUENCE AND SERIES

    KIRAN PUBLICATION|Exercise TEST YOURSELF |20 Videos

Similar Questions

Explore conceptually related problems

Sonia started a business investing Rs. 60000. After 6 months vivek joined him with an amount of Rs. 140000. After 1 year Kirti also joined them with Rs. 120000. After 2 years the business yielded a total profit of Rs. 450000. What is the share of Vivek in the profit? R s .140000 b. R s .198500 c. R s .210000 d. R s .215000

A started a business investing Rs.35000. After 6 months, B joined him with a capital of Rs.60000. At the end of the year, the total profit was Rs. 26000. What will be the difference between the share of profit of A and B?

Knowledge Check

  • Anil started a business with an investment of Rs. 25,000. After 3 months, Vishal joined his busi ness with a capital of Rs. 30,000. At the end of the year, they have made a profit of Rs. 19.000. What will be Anil's share in the profit?

    A
    Rs. 10,000
    B
    Rs. 12.500
    C
    Rs. 10,250
    D
    Rs. 14,000
  • A started a business investing Rs.35,000. After six months B joined him with a capital of Rs. 60,000. At the end of the year the total profit was Rs. 26,000. What will be the difference between the share of profits of A and B ?

    A
    Rs. 4,000
    B
    Rs. 2,000
    C
    Rs. 1,500
    D
    None of these
  • A and B started a business by investing Rs20000 and Rs 25000, respectively. After 4 months B left and C joined by investing Rs15000. At the end of the year, there was a profit of Rs 23000. What is Cs share ?

    A
    Rs8000
    B
    Rs9000
    C
    Rs6000
    D
    Rs12000
  • Similar Questions

    Explore conceptually related problems

    Amit started a business investing Rs.25000. After 3 months, Vinay joined him with a capital of Rs.30000. At the end of the year, they make a profit of Rs.19000. What will be Amit's share in the profit?

    X and Y started a business with investments of Rs 5000 and Rs 8000, respectively. After 6 months, Y withdrew an amount of Rs 2000 from his investment and Z joined the business with an investment of Rs 6000. If the profit at the end of the year is Rs 9615, then what is the share of Y?

    A starts a business with Rs. 4000 and B joins him after 3 months with Rs. 16000. Find the ratio of their profits at the end of year.

    X and Y started a business investing Rs 12000 and Rs 9000 respectively. After 4 months, X left the business and Z joined the business by investing Rs 18000. At the end of the year, there was a profit of Rs 12500. What is the share (in Rs) of Z in the profit?

    Gopal started a business with Rs. 3000. After 6 months Dinesh also joined him with Rs. 2000. If at the end of the year the profit is Rs. 2600. What is the share of Dinesh in the profit?