Question Details

P and Q started a business by investing Rs 15000 & Rs (15000 + x) respectively. After four months, Q withdrew 40% of his initial investment. After a year, the total profit was Rs 47000 and the profit share of Q was Rs 22000. Find the value of ‘2x’ .

Options

A

1500

B

2400

C

3000

D

6000

Show Answer

Correct Answer :

Option D

6000

6000

Solution :

The correct option is 6000.

Step 1: Understand the Investments over Time

P invested Rs 15000 for the entire year (12 months).


Equivalent investment of P for 1 month =

15000×12=180000


Q initially invested Rs (15000 + x) for 4 months. After 4 months, Q withdrew 40% of his initial investment, leaving 60% of the investment for the remaining 8 months.


Remaining investment of Q =

60% of (15000+x)=0.60×(15000+x)


Equivalent investment of Q for 1 month =

(15000+x)×4+0.60×(15000+x)×8


=4(15000+x)+4.8(15000+x)=8.8(15000+x)

Step 2: Determine Profit Shares

Total Profit = Rs 47000


Profit share of Q = Rs 22000


Profit share of P =

47000-22000=25000

Step 3: Equate Ratio of Investments to Ratio of Profits

Investment of QInvestment of P=Profit of QProfit of P


8.8(15000+x)180000=2200025000


8.8(15000+x)180000=2225


Solving for (15000 + x):


8.8(15000+x)=22×18000025


8.8(15000+x)=158400


15000+x=1584008.8


15000+x=18000


x=18000-15000=3000

Step 4: Find the Value of '2x'

2x=2×3000=6000

Thus, the value of 2x is 6000.

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