Question
Pawan and Qureshi began a
business with their investments in the ratio of 8:9. The time periods for their investments were in the ratio of 3:4 for Pawan and Qureshi, respectively. If the total profit generated was Rs. 9,625, determine Qureshi's share of the profit.Solution
ATQ,
Let the investment of 'Pawan' and 'Qureshi' be Rs. '8a' and Rs. '9a', respectively. Let the time periods of investment of 'Pawan' and 'Qureshi' be '3b' and '4b', years respectively. Ratio of profit shares of 'Pawan' to that of 'Qureshi' = (8a × 3b) :(9a × 4b) = 2:3 Therefore, profit share of 'Qureshi' = (3/5) × 9,625 = Rs. 5,775
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