New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    P and Q began a business by

    investing Rs. 580 and Rs. 'r', respectively. If Q's share of the profit is 75% greater than P's share, determine the value of 'r'.
    A Rs.1015 Correct Answer Incorrect Answer
    B Rs.1050 Correct Answer Incorrect Answer
    C Rs.1284 Correct Answer Incorrect Answer
    D Rs.1384 Correct Answer Incorrect Answer

    Solution

    ATQ, Let the profit share of 'P' be Rs. ‘y’. So, profit share of 'Q' = Rs. 1.75y Ratio of profit share of P: Q = y: 1.75y = 4: 7 So, 580/r = 4/7 r = 1015 So, the value of ‘r’ = Rs.1015

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