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

    Question

    In a business, A invested Rs. 1400 more than that by B.

    After 5 months, A left the business. If at the end of the year, profit earned by B is equal to the profit earned by A, then find the amount invested by A in the business.
    A Rs.4800 Correct Answer Incorrect Answer
    B Rs.3000 Correct Answer Incorrect Answer
    C Rs.2400 Correct Answer Incorrect Answer
    D Rs.3840 Correct Answer Incorrect Answer

    Solution

    Let the amount invested by B be Rs.x. According to question, => x × 12 = (x + 1400) × 5 => 12x = 5x + 7000 => 7x = 7000 => x = 1000 Amount invested by A = 1000 + 1400 = Rs.2400

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