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

    Question

    A, B and C invest in a partnership in the ratio 8:5:10

    and investment of A is Rs.200 less than investment of C. Partner B invests for 1/5th and A and C invest for 1/12th and 1/15th respectively of total time of investment. If profit of B is Rs.1000 more than that of C, then find the profit of A.
    A Rs.2000 Correct Answer Incorrect Answer
    B Rs.1500 Correct Answer Incorrect Answer
    C Rs.1750 Correct Answer Incorrect Answer
    D Rs.1350 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the total time of investment be 60a months. Ratio of profit of A, B and C = (8 x 60a x 1/12) : (5 x 60a x 1/5) : (10 x 60a x 1/15) = 2:3:2 According to the question, => 1 units ------- Rs.1000 => 2 units ------- Rs.2000

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