New RBI Grade B Notification Coming Soon... Prepare with Us!! Click here to enroll

    Register

    Question

    P started a business with an investment of Rs.10000, after 6 months Q joined him with Rs.14000 and after another 6 months R joined them with Rs.18000. If after end of two years profit share of Q is Rs.8400, then what is the total profit earned by them?

    A Rs.23600 Correct Answer Incorrect Answer
    B Rs.21000 Correct Answer Incorrect Answer
    C Rs.20500 Correct Answer Incorrect Answer
    D Rs.21750 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of profit share of P, Q and R = 10000 x 24 : 14000 x 18 : 18000 x 12 = 20 : 21: 18 Required amount = 8400 x (59x/21) = Rs.23600

    Practice Next

    Relevant for Exams:

    ×
    ×