P and Q entered a partnership for 3 yr. At the start of the business, they invested ₹ 13000 and ₹ 25000, respectively. At the end of 3 yr their total profit was ₹ 76000. What will be share of Q out of this profit?
Correct Answer: ₹ 50000
Explanation:
P's share : Q's share = Ratio of their investments
= 13000 : 25000 = 13 : 25 Now, let P's share = 13N
Q's share = 25N According to the question,
13N + 25N = 76000
⇒ N = 76000/38 = 2000
∴ Q's share = 25N = 25 x 2000 = ₹ 50000
