P and Q invested in a business. The profit earned was divided in the ratio 2 : 3. If P invested Rs 40000, the amount invested by Q is

A. Rs. 40000

B. Rs. 50000

C. Rs. 60000

D. Rs. 70000

Answer: Option C

Solution(By Examveda Team)

Let the amount invested by Q = q.
$$\eqalign{ & 40000:q = 2:3 \cr & \Rightarrow \frac{{40000}}{q} = \frac{2}{3} \cr & \Rightarrow q = 40000 \times \frac{3}{2} \cr & \,\,\,\,\,\,\,\,\,\,\,\,\, = {\text{Rs}}{\text{. 60000}} \cr} $$