Question

Sumit and Rahul started a business by financing Rs 240 and Rs 320 respectively. After a year, Sumit added Rs.(x + 20) while Rahul added Rs.’x’. At the end of 2 years, if the ratio of profits received by Sumit and Rahul is 29 : 36 then what will be the value for (x – 20).

A 62 Correct Answer Incorrect Answer
B 60 Correct Answer Incorrect Answer
C 65 Correct Answer Incorrect Answer
D 68 Correct Answer Incorrect Answer
E none of these Correct Answer Incorrect Answer

Solution

ATQ, We can say that Investment of Sumit for 2 years = Rs 240 + Rs (260 + x)  = Rs (500 + x)  We can say that Investment of Rahul for 2 years = Rs 320 + Rs (320 + x)  = Rs (640 + x) =(500 + x)/(640 + x) = 29/36  x = 80 Now, putting the value of x  = (x – 20)   = (80 - 20) = 60

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