P and Q started business with Rs.15000 and Rs.10000 respectively. Find the share of P in an annual profit of Rs. 25000.
Q1. P and Q started business with Rs.15000 and Rs.10000 respectively. Find the share of P in an annual profit of Rs. 25000.
Answer: RS.15000
Explanation: P and Q invest in ratio 15000:10000 = 3:2; P's share = (3/5) × 25000 = Rs. 15000.