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

    Question

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

    2000 and Rs. 2400, respectively. 12 months later, ‘C’ joined the business by investing Rs. 1000. 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. 9460, then find the profit earned by ‘B’ and ‘C’ together at the end of 2nd year.
    A 5260 Correct Answer Incorrect Answer
    B 5000 Correct Answer Incorrect Answer
    C 5060 Correct Answer Incorrect Answer
    D 5270 Correct Answer Incorrect Answer

    Solution

    ATQ; Ratio of profit shares of ‘A’, ‘B’ and ‘C’ = (24 × 2000):(18 × 2400):(12 × 1000) = 20:18:5 Profit of ‘B’ and ‘C’ together = (9460) × {(18 + 5)/(20 + 18 + 5)} = Rs. 5060

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