Exams › SSC CGL (Prelims) › General
P, Q, and R invested ₹30,000, ₹40,000, and ₹50,000 respectively in a business. If the profit at the end of the year is ₹36,000, what is Q's share of the profit?
- ₹ 12,000
- ₹ 11,000
- ₹ 10,800
- ₹ 10,000
Correct answer: ₹ 12,000
Solution
Since all three invested for the same duration, profit is shared in the ratio of their capitals: 30,000 : 40,000 : 50,000 = 3 : 4 : 5. The total ratio is 12, so Q's share is $\frac{4}{12}\times 36000 = 12000$.
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