P and Q invest ₹1,00,000 and ₹50,000, respectively. After one year, the total profit, which includes a 10% interest, amounts to ₹20,000. Determine Q's share of the profit.
Show answer & explanation
Correct answer: A
Explanation
Investment of P : Q = 1,00,000 : 50,000
= 2 : 1
Therefore, profit distribution = 2 : 1
Total profit = ₹20,000
Q's share = 1/(2 + 1) × 20,000= ₹6,666.67