Two friends P & Q started a business investing amounts in the ratio of 5 : 6.
Two friends P & Q started a business investing amounts in the ratio of 5 : 6. R joined them after six months investing an amount equal to that of Q’s amount. At the end of the year 35% profit was earned which was equal to 98,000. What was the amount invested by R?
Answer/Solution
60,000
Steps/Work
Ratio for amount invested by P, Q & R
= 5x × 12 : 6x × 12 : 6x × 6
= 60x : 72x : 36x
= 5x : 6x : 3x
Profit = 98000 = 35% of T
where, T = Total amount
T = 280000
Amount received by
R = 3x /3x+6x+5x(280000)
= 60000
Answer E
= 5x × 12 : 6x × 12 : 6x × 6
= 60x : 72x : 36x
= 5x : 6x : 3x
Profit = 98000 = 35% of T
where, T = Total amount
T = 280000
Amount received by
R = 3x /3x+6x+5x(280000)
= 60000
Answer E