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.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
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