What is R's share of profit in a joit venture? I. Q started business investing Rs. 80,000. II. R joined him after 3 months. III. P joined after 4 months with a capital of Rs. 1,20,000 and got Rs. 6000 as his share profit. ?->(Show Answer!)

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What is R's share of profit in a joit venture? I. Q started business investing Rs. 80,000. II. R joined him after 3 months. III. P joined after 4 months with a capital of Rs. 1,20,000 and got Rs. 6000 as his share profit. ?->(Show Answer!)

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1. What is R's share of profit in a joit venture? I. Q started business investing Rs. 80,000. II. R joined him after 3 months. III. P joined after 4 months with a capital of Rs. 1,20,000 and got Rs. 6000 as his share profit.

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By: guest on 01 Jun 2017 05.47 pm

From I, II and III, we get P : Q : R = (120000 x 8) : (80000 x 12) : (x x 9). Since R's investment is not given, the above ratio cannot be give. Given data is inadequate.

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