M, P and Q together started a business. M invested Rs. 6500 for 6 months, P invested Rs. 8400 for 5 months and Q invested Rs. 10000 for 3 months. M is working member for which he gets 5% of total profit extra. If the total gain is Rs. 7400, then Q's share is ?
A. Rs. 1900
B. Rs. 2100
C. Rs. 3200
D. Data are incomplete
Answer: Option A
Solution(By Examveda Team)
M | : | P | : | Q | |
Capital → | 6500 | : | 8400 | : | 10000 |
65 | : | 84 | : | 100 | |
Time → | ×6 | : | ×5 | : | ×3 |
390 | : | 420 | : | 300 | |
Profit → | 13 | : | 14 | : | 10 |
M's extra share on work in partner
$$\eqalign{ & = {\text{Rs}}.7400 \times \frac{5}{{100}} \cr & = {\text{Rs}}{\text{.370 }} \cr & {\text{Remaining profit}} \cr & = {\text{Rs}}{\text{.}}\left( {{\text{7400}} - {\text{370}}} \right) \cr & = {\text{Rs}}.\,7030 \cr} $$
According to the question,
(13 + 14 + 10) units = Rs. 7030
$$\eqalign{ & {\text{37 units}} = {\text{Rs}}{\text{. 7030}} \cr & {\text{1 unit}} = {\text{Rs}}{\text{.}}\frac{{7030}}{{37}} \cr & {\text{Profit of Q}} = {\text{10 units}} \cr & = {\text{Rs}}.\frac{{7030}}{{37}} \times 10 \cr & = {\text{Rs}}.\,1900 \cr} $$
Related Questions on Partnership
A. 5 : 7 : 8
B. 20 : 49 : 64
C. 38 : 28 : 21
D. None of these
A. Rs. 40000
B. Rs. 50000
C. Rs. 60000
D. Rs. 70000
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