Math Problem Statement
Solution
Let's break down the problem step by step to find the total profit:
Step 1: Understanding the investments
- The ratio of investments of P, Q, and R at the beginning is given as .
- Let the initial investments of P, Q, and R be , , and , respectively.
Step 2: P increases his investment after 6 months
- After 6 months, P increases his investment such that his total investment becomes equal to half of the sum of Q's and R's initial investments.
- The sum of Q's and R's initial investments = .
- Half of this sum is .
- So, after 6 months, P's investment becomes .
Step 3: Effective investments for 12 months
Since P increased his investment after 6 months, we need to account for this change when calculating the effective investments for the entire year. Here’s how we do it:
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P's investment for the first 6 months is .
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For the next 6 months, P’s investment is .
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The effective investment for P is:
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Q's investment is constant throughout the year, so the effective investment for Q is:
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Similarly, R’s investment is constant throughout the year, so the effective investment for R is:
Step 4: Total effective investment
The total effective investment is:
Step 5: Profit distribution
It is given that Q’s share of the profit is Rs 425. Since profit is distributed in the ratio of their effective investments, we first find Q's share in terms of the total profit:
Step 6: Conclusion
The total profit is Rs 1360.
Answer:
(b) Rs 1360
Would you like more details or have any questions?
Relative Questions:
- How would the total profit change if R also altered his investment midway?
- What if the ratio of investments had been different, say 3:4:5?
- How would the calculation differ if P's investment increase occurred after 3 months instead of 6?
- What if Q’s share in the profit was given as Rs 500? How would the total profit change?
- How does the time period over which investments are held affect the total profit calculation?
Tip:
Always consider the period for which investments are held when calculating profit shares, especially if investments change during the period.
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Math Problem Analysis
Mathematical Concepts
Ratio and Proportion
Profit Distribution
Algebra
Formulas
Effective investment = (initial investment × months) + (adjusted investment × months)
Profit share = (individual effective investment / total effective investment) × total profit
Theorems
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Suitable Grade Level
Grades 9-12