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

      Three persons A, B and C invested different amounts in a

      business, which are in A.P. The amount invested by B is Rs. 2000 more than that of A. C invested the highest amount. Find the total profit received if all of them invested their sum for equal duration and A invested Rs. 2500 for 4 months and received Rs. 1600 as profit.
      A Rs. 8600 Correct Answer Incorrect Answer
      B Rs. 8670 Correct Answer Incorrect Answer
      C Rs. 8640 Correct Answer Incorrect Answer
      D Rs. 8690 Correct Answer Incorrect Answer
      E Rs. 8240 Correct Answer Incorrect Answer

      Solution

      Ratio of profits received by A, B and C= (2500 Γ— 4):(4500 Γ— 4):(6500 Γ— 4) = 5:9:13 Therefore, total profit received = 1600 Γ— (5 + 9 + 13)/5 = Rs. 8640

      Practice Next

      Relevant for Exams:

      ask-question