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Question

P starts business with Rs.7000 and after 5 months, Q joins with P as his partner. After a year, the profit is divided in the ratio 3:5. What is Q's contribution in the capital?


A

Rs.8000

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B

Rs.20000

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C

Rs.15000

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D

Rs.18000

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Solution

The correct option is B

Rs.20000


Let the time of investment of Q be `x'

Investment of P ×time of investment of PInvestment of Q ×time of investment of Q = Profit of PProfit of Q

7000 ×12x ×7 = 35

x = Rs.20000


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