By Poonam

Verified by Ajay Kumar

In a partnership, P, Q and R invested ₹50,000, ₹60,000 and ₹70,000 respectively. If the total profit is ₹24,000, how much will Q receive?

  1. ₹7,200

  2. ₹8,000

  3. ₹8,500

  4. ₹9,000

Answer: B

Solution

The investment ratio is 50000:60000:70000=5:6:7. Q's share = 24000×6/(5+6+7)=₹8,000.

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