SSC CGL – Combined Graduate Level Examination · Question 51
P and Q start a business. P invests ₹90,000 for 8 months, Q invests ₹1,50,000 for 5 months. What is Q's share of a ₹50,000 profit(approximate)?
Show answer & explanation
Answer: (D) ₹25,510
Explanation
Ratio = 90,000 × 8 : 1,50,000 × 5 = 72 : 75. Q's share = 75/147 × 50,000 ≈ ₹25,510.