Question

    P and Q together started a business with initial investment in the ratio of 1:6, respectively. The time-period of investment for P and Q is in the ratio of 4:11, respectively. Find the profit share of Q, if the profit share of P is Rs. 1000

    A Rs. 16000 Correct Answer Incorrect Answer
    B Rs. 16700 Correct Answer Incorrect Answer
    C Rs. 16500 Correct Answer Incorrect Answer
    D Rs. 10500 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of the profit share of P to Q = (1 × 4): (6 × 11) = 4:66 = 2:33  Profit share of Q = (33/2) × 1000 = Rs. 16500

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