Question

    P, Q, and R invest a total of Rs. 80500. The ratio of their time investment is 60:45:75, and the profit-sharing ratio is 5:3:6. Find the approximate investment amount of R.

    A Rs. 28000 Correct Answer Incorrect Answer
    B Rs. 18000 Correct Answer Incorrect Answer
    C Rs. 24000 Correct Answer Incorrect Answer
    D Rs. 20000 Correct Answer Incorrect Answer

    Solution

    Investment = Profit / Time Ratio of investment P: Q: R = 5/60: 3/45: 6/75 = (5/60) x 60×45×75: (3/45) × 60×45×75: (6/75) × 60×45×75 =5×45×75:3×60×75:6×60×45 = 16875: 13500: 16200 = 25:20:24 Total investment = 80500 69 = 80500 Investment of P = 80500/69 x 24 = Rs.27,999.9 or Rs.28,000

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