ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    Puneet and Malik began a business venture, initially

    investing their capital in a 4:5 ratio, respectively. After half a year, Puneet decided to withdraw Rs. 5000 from his investment, and Malik followed suit, withdrawing Rs. 5000 from his own investment. The distribution of annual profits between Puneet and Malik is in a 3:5 ratio. Can you determine the total initial investment made by Puneet and Malik in the business?
    A Rs.9,000 Correct Answer Incorrect Answer
    B Rs.9,500 Correct Answer Incorrect Answer
    C Rs.9,050 Correct Answer Incorrect Answer
    D Rs.9,654 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    We can say that let the amounts invested by Puneet and Malik be Rs. 4p and 5p respectively. According to question, (4p ├Ч 6 + (4p тАУ 5000) ├Ч 6)/(5p ├Ч 6 + (5p тАУ 5000) ├Ч 6) = 3/5 (8p тАУ 5000)/(10p тАУ 5000) = 3/5 40p тАУ 25000 = 30p тАУ 15000 10p = 10000 p = 1000 Desired amount = 9 ├Ч 1000 = Rs.9,000

    Practice Next
    More Partnership Questions

    Relevant for Exams:

    ask-question