Three partners P, Q, R invest in a business. Q's capital is three times R's capital and half of P's capital equals the capital of Q. If the total profit is Rs. 24000, find P's share in the profit.
Show answer & explanation
Correct answer: D
Explanation
Given:
Q's capital = 3 times R's capital
Half of P's capital = Q's capital
Total profit = ₹24,000
Let R = x
Q = 3x
P/2 = 3x
P = 6x
Hence, ratio = P : Q : R = 6x : 3x : x = 6 : 3 : 1
Total ratio = 6 + 3 + 1 = 10
P's share = (6/10) × 24,000 = 14,400
P's share = ₹14,400