New Click here to Enroll in NaBFID Analyst Intro Class on May 6

    Question

    A, B and C enter into a partnership, A invest X + 5000,

    B invest 3X + 8000 and C invest X + 10000 for one year if B share is 6250 from total profit of 12500 then, investment made by A is what percent of that of C.
    A 78.14% Correct Answer Incorrect Answer
    B 75.14% Correct Answer Incorrect Answer
    C 70.58% Correct Answer Incorrect Answer
    D Cannot be determined Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    According to question,
    (3x + 8000)/(x + 5000 + 3x + 8000 + x + 10000) = 6250/12500
    X = 7000
    Required % = (x + 5000)/(x + 10000) x 100 = 70.58%

    Practice Next

    Relevant for Exams: