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

    Question

    Palash invest twice the sum invested by Vicky and

    withdraws half of the sum after 3 months and again withdraws half of the remaining sum after 3 months. Find ratio of profit share of Palash to Vicky  at the end of a year?
    A 4:3 Correct Answer Incorrect Answer
    B 1:1 Correct Answer Incorrect Answer
    C 7:4 Correct Answer Incorrect Answer
    D 2:1 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let investment of Vicky is Rs.8x. So, investment of Palash = Rs.16x Required ratio = (16 ×  3 + 8x ×  3 + 4x ×  6) : 8x ×  12 => (48x + 24x + 24x) : 96x => 96x : 96x => 1:1

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