Question
'A' and 'B' started a business by investing Rs. '5x' and
Rs. '4x' respectively. Six months later, 'A' withdrew Rs. 200 from his investment whereas 'B' invested Rs. 400 more. If at the end of the year, profit share of 'A' was Rs. 10,000 out of total profit of Rs. 30,000, then find the initial investment of 'B'.Solution
ATQ, Ratio of profit shares of 'A' and 'B' at the end of the year = {(5x X 6) + (5x - 200) X 6} : {(4x X 6) + (4x + 400) X 6} = (30x + 30x - 1200) : (24x + 24x + 2400) = (60x - 1200) : (48x + 2400) Now, profit share of 'B' = 30000 - 10000 = Rs. 20,000 ATQ; [(60x - 1200) / (48x + 2400)] = 10000 / 20000 So, investment of 'B' = 1200 X 4 = Rs. 4,800
Which city has been selected as the venue for the inaugural edition of the Global Chess League (GCL)?
Which firm has become India’s first artificial intelligence (AI) unicorn, and how much funding did it secure in its recent funding round?
Who was sworn in as the new president of Nigeria on May 29?
Which Indian long jumper successfully defended his title and won gold at the International Jumping Meeting in Greece?
What is the primary objective of the National Green Hydrogen Mission as highlighted during the World Hydrogen Summit 2024?
Which country became India's second-largest supplier of liquefied natural gas (LNG) in 2023, overtaking the UAE?
According to the Wealth Report 2023 released by the Knight Frank,______ continues its reign as the world's most expensive city.
What is the revised bulk deposit limit for scheduled commercial and small finance banks, as per the recent change?
Recently, which Finance Corporation inked a loan pact of 30 billion with Japan Bank for International Cooperation (JBIC)?
Under which statutory provisions of the Banking Regulation Act, 1949, did the Reserve Bank of India impose the ₹50,000 penalty on Sikkim State Co-oper...