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

    Question

    A and B invested Rs.5000 and Rs.10000 in a business

    respectively and after 3 months B withdrawn 50% of his initial investment and again after 5 months he reinvested 50% of amount of what he withdrawn. After a year they got total profit of Rs.29928, find the profit share of A (in Rs).
    A Rs.12384 Correct Answer Incorrect Answer
    B Rs.16256 Correct Answer Incorrect Answer
    C Rs.15950 Correct Answer Incorrect Answer
    D Rs.17480 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of profit share between A and B, => 5000 x 12 : [(10000 x 3) + (5000 x 5) + (7500 x 4) => 60000 : (30000 + 25000 + 30000) => 60000 : 85000 => 12:17 Profit share of A = (29928/29) x 12 = Rs.12384

    Practice Next