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

    Question

    ‘A’ and ‘B’ invested Rs. 4000 and Rs. 2000,

    respectively in a business, together. After 7 months, ‘A’ withdrew 20% of his initial investment. If the total profit received by them after 1 year and 2 months is Rs.4984, then find the profit received by ‘A’.
    A Rs.2826 Correct Answer Incorrect Answer
    B Rs.2255 Correct Answer Incorrect Answer
    C Rs.3204 Correct Answer Incorrect Answer
    D Rs.3445 Correct Answer Incorrect Answer
    E Rs.4164 Correct Answer Incorrect Answer

    Solution

    Ratio of the profits received by ‘A’ to ‘B’ => {(4000 × 7) + (3200 × 7)}:(2000 × 14) = 9:5 Therefore, profit received by ‘A’ = 4984 × (9/14) = Rs.3204

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