Question

A invested Rs X in a scheme. After 6 months, B joined with Rs 1000 more than that of A. After an year, ratio of profit of B to the total profit was 3: 7. Find the value of X.

A Rs. 2000 Correct Answer Incorrect Answer
B Rs. 8000 Correct Answer Incorrect Answer
C Rs. 4000 Correct Answer Incorrect Answer
D Rs. 8400 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Profit of B/Total Profit = 3/7 = ((X +1000 )×6)/(X × 12 + (X +1000 ) × 6)
9X + 3000 = 7X + 7000
2X = 4000
X = 2000

Practice Next
×
×