๐Ÿ“ข Too many exams? Donโ€™t know which one suits you best? Book Your Free Expert ๐Ÿ‘‰ call Now!

  • google app store apple app store
  • โœ–

      Question

      'A' and 'B' started a business by investing Rs. 6,000

      and Rs. 7,000, respectively. 1 year later, 'A' and 'B' increased their investments by 60% and Rs. 2,000 respectively. 2 years after starting the business, if the total profit earned from the business is Rs. 11850, then find the profit share of 'B'.
      A Rs. 6,500 Correct Answer Incorrect Answer
      B Rs. 6,250 Correct Answer Incorrect Answer
      C Rs. 6,000 Correct Answer Incorrect Answer
      D Rs. 7,000 Correct Answer Incorrect Answer
      E Rs. 7,500 Correct Answer Incorrect Answer

      Solution

      Increased investment of 'A' = 6000 ร— 1.6 = Rs. 9,600 Increased investment of 'B' = 7000 + 2000 = Rs. 9,000 So, respective ratio of profit shares of 'A' and 'B' = (6000 + 9600):(7000 + 9000) = 15600:16000 = 39:40 So, profit share of 'B' out of Rs. 11850 = 11850 ร— (40/79) = Rs. 6,000

      Practice Next

      Relevant for Exams:

      ask-question