New Register for Workshop on How to start for NABARD 2025 (Stepwise Plan) - Apr 26, 7 PM

    Question

    ‘A’ invested Rs. 1000 while

    ‘B’ invested Rs. 1200, in a business. After 2 years ‘A’ withdrew Rs. 500 while ‘B’ withdrew Rs. 600 and ‘C’ joined with a capital of Rs. 500. If the total profit received by all three after 4 years is Rs. 2128, then find the profit share of ‘C’
    A 150 Correct Answer Incorrect Answer
    B 145 Correct Answer Incorrect Answer
    C 280 Correct Answer Incorrect Answer
    D 120 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of profits received by ‘A’, ‘B’ and ‘C’
    = {(1000 × 2) + (500 × 2)}:{(1200 × 2) + (600 × 2)}:(500× 2)
    = 15:18:5
    Therefore, profit share of ‘C’ = 2128 × 5/38 = Rs. 280

    Practice Next