WBCS.LIVE practice question

P, Q and R jointly started a business. If each agreed that P will invest Rs. 25,000 for 6 months, Q will invest Rs. 44,000 for 5 months and R will invest Rs. 50,000 for 3 months. Out of the total profit of Rs. 1,04,000, how much amount will P receive?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Rs. 30,000
  2. Rs. 27,900
  3. Rs. 40,920
  4. Rs. 33,000

Correct answer and explanation

Correct answer: Rs. 30,000