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

    Question

    'A' initiated a venture with an initial investment of

    Rs. 4000. Ten months into the business, 'B' contributed Rs. 6000, and simultaneously, 'A' added another Rs. 1000 to his investment. At the end of 18 months, the total profit amounted to Rs. 8000. Calculate 'A's share of the profit.
    A Rs. 3000 Correct Answer Incorrect Answer
    B Rs. 3500 Correct Answer Incorrect Answer
    C Rs. 4500 Correct Answer Incorrect Answer
    D Rs. 5000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of profit share of ‘A’ and ‘B’, respectively = [4000 × 10 + 5000 × 8]:[6000 × 8] = 80000:48000 = 5:3 Profits share of ‘A’ = 5/8 × 8000 = Rs. 5000

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