Question

    P and Q started a business by investing Rs.9000 and

    Rs.7200 respectively. After 6 months, Q increased his investment by a certain percentage such that at the end of 1 year, the profit shares of P and Q were equal. By how much percentage did Q increased his investment?
    A 80% Correct Answer Incorrect Answer
    B 35% Correct Answer Incorrect Answer
    C 50% Correct Answer Incorrect Answer
    D 60% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the increased investment amount of Q = Rs.x Ratio of profit shares of P and Q = (9000 x 12) : (7200 x 6 + 6y) = 1:1 So, 108000 = 43200 + 6x => x = 10800 Increase in investment of Q = 10800 – 7200 = Rs.3600 Required % = (3600/7200) x 100 = 50%

    Practice Next
    More Partnership Questions
    ask-question