P, Q, and R invest Rs.14000, Rs. 18000, and Rs. 24000 respectively to start a business. If the profit at the end of the year is Rs. 27860, then what is the difference between the share of P and Q?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Rs. 1990.
Since they all invest for the same time period,
hence the ratio of profits is equal to the ratio of investments.
P : Q : R = 14000 : 18000 : 24000 = 7 : 9 : 12
Difference between profit of P and Q = [(9 - 7) × 27860]/(7 + 9 + 12)
Diff. between profit of P and Q = 2(995) = Rs. 1990