P, Q, and R invested ₹20,000, ₹30,000, and ₹50,000 respectively in a business. If the profit at the end of the year was ₹40,000, find Q's share.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. ₹12,000.
Ratio of investments = 20000 : 30000 : 50000 = 2 : 3 : 5
Total ratio = 2 + 3 + 5 = 10
Q’s share = (3 ÷ 10) × 40000 = 12000