Question

    A invested Rs X in a scheme. After 6 months, B

    joined with Rs 5500 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. 11000 Correct Answer Incorrect Answer
    B Rs. 15000 Correct Answer Incorrect Answer
    C Rs. 11500 Correct Answer Incorrect Answer
    D Rs. 11300 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Profit of B/Total Profit = 3/7 = ((X +5500 )×6)/(X × 12 + (X +5500 ) × 6)
    9X + 16500 = 7X + 38500
    2X = 22000
    X = 11000

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