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

    Question

    X, Y, and Z join a partnership and invest some amount.

    After one year, X doubles its investment, Y increases its investment by 33(1/3)%, and Z increases its investment by 20%. In the third year, X and Y withdraw their investments, and P joins the partnership with Z. After three years, they receive a profit in the ratio of 12:14:17:8 (X : Y : Z : P). If the difference between the initial investment of Y and Z is 3450, then find out the total initial investment made by X and P together.
    A 31400 Correct Answer Incorrect Answer
    B 46500 Correct Answer Incorrect Answer
    C 41450 Correct Answer Incorrect Answer
    D 41400 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let investment of X, Y, Z and P is a, b, c and d respectively.    X : Y : Z : D ⇒ (a × 12 + 2a × 12) : (b × 12 + 4 3 b × 12) : c × 12 + 26 5 c×12 : d × 12  3 a : 7b/ 3  : 17c/5  : d = 12 : 14 : 17 : 8  ⇒ a : b : c : d = 4 : 6 : 5 : 8  Difference between Y and Z initial investment = 3450   Total Investment of X and P together = (3450/1) × 12 = 41400    

    Practice Next

    Relevant for Exams: