JIPMAT 2022 (QA) - P, Q, and R invested Rs. 25,000, Rs. 50,000, and Rs. 25,000 respectively to start a business. At the end of two years, they earned a profit of Rs. 48,000. What will be Q's share? | PYQs + Solutions | AfterBoards
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JIPMAT 2022 (QA) PYQs

JIPMAT 2022

Arithmetic
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Ratio, Proportion & Variation

Conceptual

P, Q, and R invested Rs. 25,000, Rs. 50,000, and Rs. 25,000 respectively to start a business. At the end of two years, they earned a profit of Rs. 48,000. What will be Q's share?

Correct Option: 1
Total Investment = 25,000+50,000+25,000=1,00,000₹25,000 + ₹50,000 + ₹25,000 = ₹1,00,000
Q's investment ratio = 50,0001,00,000=12\frac{₹50,000}{₹1,00,000} = \frac{1}{2}
Total Profit = 48,000₹48,000
Q's share = 12×48,000=24,000\frac{1}{2} × ₹48,000 = ₹24,000
Therefore, Q's share of profit is 24,000₹24,000.

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