Partnership Practice Test 4

Question : 3 of 26

Marks: +1, -0

In a business P, Q and R invested money in such a way that P invested thrice as much as Q and Q invested two-fifths of R. At the end of the year, the profit earned by them was Rs 6,500. Calculate the difference between the highest and the lowest investment.

Rs 2,500
Rs 2,000
Rs 1,200
Rs 6,000
None of these

Validate

Solution:

Let R invested Rs 100.
Q’s investment = Rs

2/5× 100

= Rs 40
P’s investment = Rs (3 × 40) = Rs 120
∴ Ratio = 120 : 40 : 100 = 6 : 2 : 5
Required difference = Rs

4/13×6500

=Rs 2,000

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