Two friends, P and Q, started a business by investing ₹2,300 and ₹4,600, respectively. At the end of one year, the business earned a total profit of ₹37,272. What is the share (in ₹) of P in the profit?
12,424
Since profit in a partnership is shared in the ratio of investments, the ratio of P's investment to Q's investment is \(2300 : 4600 = 1 : 2\).
So P's share of the total profit is \(\frac{1}{1+2}\) of ₹37,272.
P's share \(= \frac{1}{3} \times 37272 = 12424\).
Hence, P's share of the profit is ₹12,424.
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