1.

P, Q and R have a partnership firm. P’s profit share is 2/3rd of the Q’s profit share and R’s share is 1/2 of the Q’s share. If total revenue is Rs. 43296 and total expense is Rs. 9899, then what will be the profit share of R?1). Rs. 51382). Rs. 77073). Rs. 102764). Rs. 15414

Answer»

<P>Net Profit = Total Revenue – Total Expense = Rs. 43296 – Rs. 9899 = Rs. 33397

Let, the profit share of Q is Rs. x.

→ P’s profit share = Rs. 2x/3

R’s profit share = Rs. x/2

Thus we have,

Net Profit = P’s profit share + Q’s profit share + R’s profit share

33397 = 2x/3 + x + x/2

33397 = (4x + 6x + 3x)/6

33397 = 13x/6

x = (33397 × 6)/13

= 15414

R’s share = 15414/2 = 7707

Hence, Rs. 7707 is the correct ANSWER.


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