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

    Question

    'A' and 'B' started a business by investing Rs. '4x' and

    Rs. '2x' respectively. Seven months later, 'A' withdrew Rs. 400 from his investment whereas 'B' invested Rs. 100 more. If at the end of the year, profit share of 'A' was Rs. 7,000 out of total profit of Rs. 21,000, then find the initial investment of 'B'.
    A Rs.1,000 Correct Answer Incorrect Answer
    B Rs.1,500 Correct Answer Incorrect Answer
    C Rs.2,000 Correct Answer Incorrect Answer
    D Rs.4,800 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Ratio of profit shares of 'A' and 'B' at the end of the year = {(4x X 7) + (4x - 400) X 5} : {(2x X 7) + (2x + 100) X 5} = (28x + 20x - 2000) : (14x + 10x + 500) = (48x - 2000) : (24x + 500) Now, profit share of 'B' = 21000 - 7000 = Rs. 14,000 ATQ; [(48x - 2000) / (24x + 500)] = 7000 / 14000 So, investment of 'B' = 500 X 2 = Rs. 1,000

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