Popular Categories

Three friends, P, Q and R started a partnership business investing money in the ratio of 5 : 4 : 2 respectively for a period of 3 years. What is the amount received by P as his share profit?
I.
Total amount invested in the business in Rs. 22,000.
II.
Profit earned at the end of 3 years is of the total investment.
III.
The average amount of profit earned per year is Rs. 2750.

Aptitude Partnership in Aptitude 2 weeks ago

1.97K 0 0 0 0

5 Star Rating 1 Rating

I and II give, profit after 3 years = Rs.		3	x 22000		= Rs. 8250.
		8

From III also, profit after 3 years = Rs. (2750 x 3) = Rs. 8250.

P's share = Rs.		8250 x	5		= Rs. 3750.
			11

Thus, (either III is REDUNDANT [or] I and II are redundant).

Correct answer is (B).

Previous Next

Posted on 01 Jul 2025, this text provides information on Aptitude related to Partnership in Aptitude. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.

Answers

Post Answer

No matter what stage you're at in your education or career, TuteeHub will help you reach the next level that you're aiming for. Simply,Choose a subject/topic and get started in self-paced practice sessions to improve your knowledge and scores.

Explore Other Libraries

Blogs Tutorials Question Bank Feeds Careernews

Three friends, P, Q and R started a partnership business investing money in the ratio of 5 : 4 : 2 respectively for a period of 3 years. What is the amount received by P as his share profit?
I.	Total amount invested in the business in Rs. 22,000.
II.	Profit earned at the end of 3 years is of the total investment.
III.	The average amount of profit earned per year is Rs. 2750.

Popular Categories

Take Quiz To Earn Credits!

Explore Other Libraries

Join Our Community Today