Two friends P and Q started a business investing in the ratio 5 : 6.…

Question

Two friends P and Q started a business investing in the ratio 5 : 6. R joined them after six months investing an amount equal to that of Q's. At the end of the year, 20% profit was earned which was equal to Rs. 98000. W…

Accepted Answer

Option C. Rs. 210000. Answer & Solution Answer: Option C Solution: Let the total investment be Rs. z Then, & 20\% of z = 98000 & z = ( 98000 × 10020 ) & z = 490000 Let the capital of P, Q and R be Rs. 5x, Rs. 6x and Rs. 6x respectively Then, ( 5x × 12 ) + ( 6x × 12 ) + ( 6x × 6 ) = 490000 × 12 & 168x…

Two friends P and Q started a business investing in the ratio 5 : 6. R joined them after six months investing an amount equal to that of Q's. At the end of the year, 20% profit was earned which was equal to Rs. 98000. What was the amount invested by R?

Solution