Question

Two friends P and Q started a business investing in the ratio of 5 : 6. R joined them after six months investing an amount equal to that of Q's. At the end of the year, 20% of profit was earned, which was equal to Rs. 98000. Determine the amount invested by R ?

• A. Rs. 105000
• B. Rs. 420000
• C. Rs. 200000
• D. Rs. 110000
• E. Rs. 210000

Hint:

In partnership problems, the profit-sharing ratio is based on the product of investment and time. If the profit is given, work backwards to find the actual investment values.

Answer 1

Answer: (E)