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P and Q invest in a business in the ratio of 1:3. If the total profit is $8000,

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Question: P and Q invest in a business in the ratio of 1:3. If the total profit is $8000, how much does P receive?

Options:

  1. $2000
  2. $3000
  3. $2500
  4. $1500

Correct Answer: $2000

Solution:

Total parts = 1 + 3 = 4. P\'s share = (1/4) * 8000 = $2000.

P and Q invest in a business in the ratio of 1:3. If the total profit is $8000,

Practice Questions

Q1
P and Q invest in a business in the ratio of 1:3. If the total profit is $8000, how much does P receive?
  1. $2000
  2. $3000
  3. $2500
  4. $1500

Questions & Step-by-Step Solutions

P and Q invest in a business in the ratio of 1:3. If the total profit is $8000, how much does P receive?
  • Ratio and Proportion – Understanding how to divide profits based on the ratio of investment.
  • Profit Sharing – Calculating individual shares from a total profit based on their investment ratio.
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