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P,Q and R entered into a business by mak...

P,Q and R entered into a business by making investment in the ratio of `3:4:6` respectively .After eight months Q and R withdrew Rs. 2000 and Rs . 4000 respectively .if after 15 months ratio of profit share of P,Q and R is `45:53:76` , then find initial investment of R ?

A

A)18000 Rs

B

B)12000 Rs

C

C)6000 Rs

D

D)24000 Rs

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will analyze the investments and the profit ratios of P, Q, and R. ### Step 1: Define the Investments Let the initial investments of P, Q, and R be represented as: - P's investment = 3X - Q's investment = 4X - R's investment = 6X ### Step 2: Calculate the Time of Investment P, Q, and R invested their amounts for 15 months. However, Q and R withdrew their investments after 8 months. Therefore: - P's investment duration = 15 months - Q's investment duration = 8 months (before withdrawal) + 7 months (after withdrawal) - R's investment duration = 8 months (before withdrawal) + 7 months (after withdrawal) ### Step 3: Calculate the Effective Investments The effective investments for profit calculation will be: - P's effective investment = 3X * 15 = 45X - Q's effective investment = 4X * 8 + (4X - 2000) * 7 - Q's investment after withdrawal = 4X - 2000 - Q's effective investment = 32X + (4X - 2000) * 7 = 32X + 28X - 14000 = 60X - 14000 - R's effective investment = 6X * 8 + (6X - 4000) * 7 - R's investment after withdrawal = 6X - 4000 - R's effective investment = 48X + (6X - 4000) * 7 = 48X + 42X - 28000 = 90X - 28000 ### Step 4: Set Up the Profit Ratio According to the problem, the profit ratio of P, Q, and R is given as 45:53:76. Therefore, we can set up the following ratios: - P's profit = 45X - Q's profit = 60X - 14000 - R's profit = 90X - 28000 ### Step 5: Set Up the Equation From the profit ratios of Q and R, we can set up the equation: \[ \frac{60X - 14000}{90X - 28000} = \frac{53}{76} \] ### Step 6: Cross-Multiply and Solve for X Cross-multiplying gives us: \[ 76(60X - 14000) = 53(90X - 28000) \] Expanding both sides: \[ 4560X - 1064000 = 4770X - 1484000 \] Rearranging the equation: \[ 4770X - 4560X = 1484000 - 1064000 \] \[ 210X = 420000 \] Dividing both sides by 210: \[ X = 2000 \] ### Step 7: Calculate R's Initial Investment Now that we have the value of X, we can find R's initial investment: \[ R's \, investment = 6X = 6 \times 2000 = 12000 \] ### Final Answer The initial investment of R is **Rs. 12000**. ---
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