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

    Question

    A and B together started a business by investing their

    capital in the ratio of 10:11, respectively and total amount invested by them together is Rs. 2520. After 4 months, A decreased his investment by Rs. 750 and after 4 more months, B increased his investment by Rs. 100. Find the ratio of profit received by them at the end of the year.
    A 15:29 Correct Answer Incorrect Answer
    B 13:29 Correct Answer Incorrect Answer
    C 29:15 Correct Answer Incorrect Answer
    D 29:13 Correct Answer Incorrect Answer
    E 17:29 Correct Answer Incorrect Answer

    Solution

    Initial investment made by A = (10/21) × 2520 = Rs. 1200 Initial investment made by B = (11/21) × 2520 = Rs. 1320 Profit sharing ratio of A and B = (1200 × 4 + 450 × 8):(1320 × 8 + 1420 × 4) = 15:29

    Practice Next