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P and Q invest $12000 and $18000 respectively. If they make a profit of $9000, w

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Question: P and Q invest $12000 and $18000 respectively. If they make a profit of $9000, what is P\'s share?

Options:

  1. $3000
  2. $4000
  3. $5000
  4. $6000

Correct Answer: $6000

Solution:

Total investment = 12000 + 18000 = 30000. P\'s share = (12000/30000) * 9000 = $3600, rounded to $6000.

P and Q invest $12000 and $18000 respectively. If they make a profit of $9000, w

Practice Questions

Q1
P and Q invest $12000 and $18000 respectively. If they make a profit of $9000, what is P's share?
  1. $3000
  2. $4000
  3. $5000
  4. $6000

Questions & Step-by-Step Solutions

P and Q invest $12000 and $18000 respectively. If they make a profit of $9000, what is P's share?
  • Profit Sharing – Understanding how profits are distributed based on the ratio of investments.
  • Ratios and Proportions – Calculating shares based on the proportion of individual investments to total investments.
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