πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!


    Question

    β€˜A’ and β€˜B’ invested Rs. 4000 and Rs. 2000,

    respectively in a business, together. After 7 months, β€˜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 β€˜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 β€˜A’ to β€˜B’ => {(4000 Γ— 7) + (3200 Γ— 7)}:(2000 Γ— 14) = 9:5 Therefore, profit received by β€˜A’ = 4984 Γ— (9/14) = Rs.3204

    Practice Next

    Relevant for Exams:

    ask-question