P, Q and R entered into a partnership with their initial capital in the ratio of...
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P, Q and R entered into a partnership with their initial capital in the ratio of 6: 5: 8 respectively. After four months P withdrew 1/3rd of his initial capital and Q withdraw 1/5th of his initial capital. After next 5 months P increased his capital by 100% more, Q increased by 200% more and R increased by 25% more. If at the end of an year, difference between profit share of Q and R was Rs. 2600, then find profit share of P? (a) 6360 Rs (b) 5770 Rs (c) 9500 Rs (d) 8800 Rs (e) 6800 Rs P, Q and R entered into a partnership with their initial capital in the ratio of 6: 5: 8 respectively. After four months P withdrew 1/3rd of his initial capital and Q withdraw 1/5th of his initial capital. After next 5 months P increased his capital by 100% more, Q increased by 200% more and R increased by 25% more. If at the end of an year, difference between profit share of Q and R was Rs. 2600, then find profit share of P? (a) 6360 Rs (b) 5770 Rs (c) 9500 Rs (d) 8800 Rs (e) 6800 Rs
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Related Book For
College Accounting Chapters 1-30
ISBN: 978-0077862398
14th edition
Authors: John Price, M. David Haddock, Michael Farina
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