Question
Pawan and Qureshi started a
business where Qureshiâs investment was 62.5% of Pawanâs investment. After 5 months, Pawan withdrew his entire investment. Five months later, Qureshi also withdrew his investment, and Rakesh joined the business, contributing 75% of Pawanâs initial investment. After 15 months, if Pawanâs profit share amounted to Rs. 10,000, calculate the difference between the profit shares of Qureshi and Rakesh.Solution
ATQ, Let Pawanâs investment = Rs.â8pâ So, Qureshiâs investment = 62.5% of â8pâ = Rs.â5pâ And Rakeshâs investment = 75% of â8pâ = Rs.â6pâ Now, the ratio of profit shares of Pawan, Qureshi and Rakesh respectively after 15 months: (8p Ă 5): (5p Ă 10): (6p Ă 5) = 40: 50: 30 = 4: 5: 3 Since, Pawanâs profit share = Rs.10000 So, the difference between Qureshiâs and Rakeshâs profit shares = 10000 Ă (5 â 3)/4 = Rs.5000
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