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

    Question

    A and S commenced a business with capitals of Rs. 15,000

    and Rs. 13,500, respectively. After 9 months, they withdrew one third of their capital. Determine A's share of the profit out of the total profit of Rs. 22,800 at the end of the year.
    A Rs.32000 Correct Answer Incorrect Answer
    B Rs.22000 Correct Answer Incorrect Answer
    C Rs.12650 Correct Answer Incorrect Answer
    D Rs.12000 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, Profit ratio of A and S  = (15000 × 9 + 15000 × 2/3 × 3):(13500 × 9 + 13500 × 2/3 × 3)  = 165000: 148500  = 10:9 Profit share of A  = 22800 × 10/19 = Rs.12000

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