ExamVeda
Login
Home

P and Q start a shop with a capital of Rs...

This question belongs to Arithmetic Ability Partnership
Partnership
?

P and Q start a shop with a capital of Rs. 1,50,000 and Rs. 4,50,000 respectively. After a year, out of the profit of Rs. 1,60,000, P gets his share of profit plus some money that is not a part of the profit, as his salary. If P gets a total of Rs. 70,000, what is the salary (in Rs.) he received?

Answer & Solution
Correct Answer: Option B
\[\begin{array}{*{20}{c}} {\text{P}}&{}&{\text{Q}} \\ {1,50,000}&:&{4,50,000} \\ 1&:&3 \end{array}\]
4 → 1,60,000
1 → 40,000
∴ Salary of P = 70,000 - 40,000 = Rs. 30,000
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.
Keep Learning

Related Questions on Partnership

Three partners shared the profit in a business in the ratio 5 : 7 : 8. They had partnered for 14 months, 8 months and 7 months respectively. What was the ratio of their investments?
A. 5 : 7 : 8 B. 20 : 49 : 64 C. 38 : 28 : 21 D. None of these
Three partners A , B , C start a business . B's Capital is four times C's capital and twice A's capital is equal to thrice B's capital . If the total profit is Rs 16500 at the end of a year ,Find out B's share in it.
A. Rs. 4000 B. Rs. 5000 C. Rs. 6000 D. Rs. 7000
Kamal started a business investing Rs. 9000. After five months, Sameer joined with a capital of Rs 8000. If at the end of the year, they earn a profit of Rs. 6970, then what will be the share of Sameer in the profit ?
A. Rs. 2380 B. Rs. 2300 C. Rs. 2280 D. Rs. 2260
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
More Related Questions on Partnership