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

    Question

    'A' and 'B' started a business by investing Rs. '6x' and

    Rs. '8x' respectively. Five months later, 'A' withdrew Rs. 100 from his investment whereas 'B' invested Rs. 500 more. If at the end of the year, profit share of 'A' was Rs. 11,000 out of total profit of Rs. 33,000, then find the initial investment of 'B'.
    A Rs.6,000 Correct Answer Incorrect Answer
    B Rs.5,600 Correct Answer Incorrect Answer
    C Rs.4,500 Correct Answer Incorrect Answer
    D Rs.4,800 Correct Answer Incorrect Answer

    Solution

    ATQ, Ratio of profit shares of 'A' and 'B' at the end of the year = {(6x X 5) + (6x - 100) X 7} : {(8x X 5) + (8x + 500) X 7} = (30x + 42x - 700) : (40x + 56x + 3500) = (72x - 700) : (96x + 3500) Now, profit share of 'B' = 33000 - 11000 = Rs. 22,000 ATQ; [(72x - 700) / (96x + 3500)] = 11000 / 22000 So, investment of 'B' = 700 X 8 = Rs. 5,600

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