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P, Q, and R invest in a partnership in the ratio 3 : 4 : 8. It was agreed that 9% of total profit would be donated. If total profit is Rs. 3,00,000, find R's share in the remaining profit.
- 1,11,650
- 1,13,750
- 1,36,800
- 1,21,850
Correct answer: 1,13,750
Solution
Original: A:B:C = 2:3:5, total = Rs. 2,50,000, charity = 9%. Distributable profit = 2,50,000 x 0.91 = 2,27,500. C's share = (5/10) x 2,27,500 = 1,13,750.
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