📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Together, "Arjun" and "Vicky" invested Rs. 12,000 and

      Rs. 8,000 in a firm. After eight months, "Vicky" added Rs. 2000 to his initial investment, whereas "Arjun" withdrew 25% of his original investment. Determine the difference between their earnings if, at the end of the year, they received a total profit of Rs. 17700.
      A Rs.2100 Correct Answer Incorrect Answer
      B Rs.1100 Correct Answer Incorrect Answer
      C Rs.2150 Correct Answer Incorrect Answer
      D Rs.1105 Correct Answer Incorrect Answer
      E none of these Correct Answer Incorrect Answer

      Solution

      ATQ, Ratio of the profits received by ‘Arjun’ to ‘Vicky’ {(12000 × 8) + (0.75 × 12000 × 4)}:{(8000 × 8) + (10000 × 4)} = 33:26 Required difference = 17700 × {(33 – 26)/(33 + 26)} = Rs.2100

      Practice Next
      More Partnership Questions

      Relevant for Exams:

      ask-question