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P invested 60% more than Q and R investe...

P invested `60%` more than Q and R invested `20%` more than Q. If the ratio of investment of time-periods (P: Q: R) is 2:4:3 and the sum of profit shares of Q and R is ₹8550 then find the profit share of P.

A

₹ 3200

B

₹ 4000

C

₹ 2400

D

₹ 3600

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow the information given in the question regarding the investments of P, Q, and R, their time periods, and the profit shares. ### Step 1: Define the Investments Let the investment of Q be \( x \). - Since P invested 60% more than Q, the investment of P will be: \[ P = x + 0.6x = 1.6x \] - R invested 20% more than Q, so the investment of R will be: \[ R = x + 0.2x = 1.2x \] ### Step 2: Define the Time Periods The ratio of the time periods for P, Q, and R is given as 2:4:3. We can denote the time periods as: - Time period of P = \( 2k \) - Time period of Q = \( 4k \) - Time period of R = \( 3k \) ### Step 3: Calculate the Profit Shares The profit share is directly proportional to the product of investment and time period. Therefore, we can express the profit shares as follows: - Profit share of P: \[ \text{Profit share of P} = P \times \text{Time period of P} = 1.6x \times 2k = 3.2xk \] - Profit share of Q: \[ \text{Profit share of Q} = Q \times \text{Time period of Q} = x \times 4k = 4xk \] - Profit share of R: \[ \text{Profit share of R} = R \times \text{Time period of R} = 1.2x \times 3k = 3.6xk \] ### Step 4: Set Up the Equation for Total Profit Shares According to the problem, the sum of the profit shares of Q and R is ₹8550: \[ 4xk + 3.6xk = 8550 \] Combining the terms: \[ (4 + 3.6)xk = 8550 \] \[ 7.6xk = 8550 \] ### Step 5: Solve for \( xk \) Now, we can find \( xk \): \[ xk = \frac{8550}{7.6} = 1125 \] ### Step 6: Calculate Profit Share of P Now that we have \( xk \), we can find the profit share of P: \[ \text{Profit share of P} = 3.2xk = 3.2 \times 1125 = 3600 \] ### Final Answer Thus, the profit share of P is ₹3600.
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