Three partners P, Q and R invested their amounts in the ratio 2 : 5 : 7. At…
2020
Three partners P, Q and R invested their amounts in the ratio 2 : 5 : 7. At the end of 6 months, P added some more amount such that his investment became equal to half of the sum of Q's and R's initial investment. If at the end of the year Q's share in the profit is Rs 425, then find the total profit.
Answer: B. Rs 1360 — ConceptIn a partnership, each partner's share of profit is proportional to their capital-months — the amount invested multiplied by the number of months it…
- A.
Rs 1250
- B.
Rs 1360
- C.
Rs 1840
- D.
Rs 1050
Attempted by 2 students.
Show answer & explanation
Correct answer: B
Concept
In a partnership, each partner's share of profit is proportional to their capital-months — the amount invested multiplied by the number of months it stayed in the business. When a partner changes their capital part-way through, you sum the capital-months for each separate period.
Application
Take the initial investments in the ratio 2 : 5 : 7, so P = 2, Q = 5 and R = 7 units.
Q and R keep their amounts for the whole 12 months. P changes after 6 months: the new amount equals half the sum of Q's and R's initial investment = (5 + 7) / 2 = 6 units.
Capital-months for P = (2 x 6) + (6 x 6) = 12 + 36 = 48.
Capital-months for Q = 5 x 12 = 60.
Capital-months for R = 7 x 12 = 84.
Profit is shared in the capital-months ratio P : Q : R = 48 : 60 : 84, a total of 48 + 60 + 84 = 192 parts (this ratio simplifies to 4 : 5 : 7, but we keep the 192-part form to match Q's 60 parts directly).
Q's 60 parts equal Rs 425, so one part = 425 / 60. Total profit = 192 parts = 425 x (192 / 60) = Rs 1360.
Cross-check
Split Rs 1360 in the ratio 48 : 60 : 84 (one part = 1360 / 192 = 7.0833): P gets 48 parts = Rs 340, Q gets 60 parts = Rs 425, R gets 84 parts = Rs 595. Q's share matches the given Rs 425, confirming the total of Rs 1360.
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