P, Q and R enter into a partnership with capital in the ratio 3: 2 :1. After four month, P leaves the business and after four month Q also leaves the business and R continues till the end of the year. If R takes 10%of the profit for managing the business, then what part of the profit does R get?
Answers
Answer:
Data given:
Ratio in which P, Q and R enter in to partnership = 3 : 2 : 1
To find:
Part of Profit gained by R = ?
Solution:
P, Q and R will share the profit in the ratio of their time and money invested ( time x money)
Given that money invested by all the three is in the ratio 3 : 2 : 1
Now as given in question P has invested his money for 4 months
So For P,
Investment = Time x Money
= 4 x 3 = 12
Q has invested his money for 8 months
So for Q,
Investment = 8 x 2 = 16
R has invested his money 12 months
So, For R,
Investment = 12 x 1 = 12
Therefore P : Q : R = 12 : 16: 12 = 3 : 4 : 3
Now assume that total profit is Rs. 100
Out of this 10% is more given to R for managing the business.
So, Actual Profit = Rs. 90
Thus, R gets a total profit of,
= 10% +[3/(3 + 4 + 3) x 90] %
= 10% + [(3/10) x 90]%
= 10% + 27%
= 37% profit.
Step-by-step explanation:
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