New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    ‘A’ and ‘B’ started a business by investing Rs.

    40000 and Rs. 30000, respectively. 12 months later, ‘C’ joined the business by investing Rs. 52000. After 6 more months, ‘B’ withdrew all of his capital. If at the end of second year, the total profit earned by them together is Rs. 37170, then find the profit earned by ‘B’ and ‘C’ together at the end of 2nd year.
    A Rs. 20370 Correct Answer Incorrect Answer
    B Rs. 21370 Correct Answer Incorrect Answer
    C Rs. 22370 Correct Answer Incorrect Answer
    D Rs. 23370 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ; Ratio of profit shares of ‘A’, ‘B’ and ‘C’ = (24 × 40000):(18 × 30000):(12 × 52000) = 80:45:52 Profit of ‘B’ and ‘C’ together = (37170) × {(80 + 45)/(80 + 45 + 52)} = Rs. 20370

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