πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      Ram and Lakhan started a business by investing Rs.

      72000 and Rs. 90000 respectively. After 4 months Lakhan withdraws 4/9 of his investment. In 5 months after, he again invested 11/9 of its original investment. If the total earned profit at the end of the year, is Rs. 234480, then who will get more money and by how much?
      A Ram, Rs. 27120 Correct Answer Incorrect Answer
      B Lakhan, Rs. 27120 Correct Answer Incorrect Answer
      C Ram, Rs. 24270 Correct Answer Incorrect Answer
      D Lakhan, Rs. 24270 Correct Answer Incorrect Answer
      E Ram, Rs 31290 Correct Answer Incorrect Answer

      Solution

      Total Capital invested by Ram in 1 year = 72000 Γ— 12 = Rs. 864000 Β  Total Capital invested by Lakhan in 1 year = 90000 Γ— 4 + (90000 - 40000) Γ— 5 + (50000 + 110000) Γ— 3 = 360000 + 250000 + 480000 = 1090000 According to the question, (432 + 545) units = 234480 977 units = 234480 1 unit = Rs. 240 Difference in Profit = (545 - 432) Γ— 240 = Rs . 27120 It means Lakhan will get Rs. 27120 more than Ram.Β 

      Practice Next
      ask-question