Question

A invested Rs X in a scheme. After 6 months, B joined with Rs 6000 more than that of A. After an year, ratio of profit of B to the total profit was 3: 4. Find the value of X.

A Rs. 1250 Correct Answer Incorrect Answer
B Rs. 1300 Correct Answer Incorrect Answer
C Rs. 1200 Correct Answer Incorrect Answer
D Rs. 1205 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Profit of B/Total Profit = 3/4 = ((X +6000 )×6)/(X × 12 + (X +6000 ) × 6)
9X + 18000 = 4X + 24000
5X = 6000
X = 1200

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