New Register for Workshop on How to start for NABARD 2025 (Stepwise Plan) - Apr 26, 7 PM

    Question

    Arjun Singh invested Rs. 12,000 to start a business.

    After 'M' months, Bhagat Singh joined him with an investment of Rs. 20,000. At the end of one year, the total profit was Rs. 6,100, out of which Bhagat Singh's share was Rs. 2,500. Determine the value of 'M'.
    A 5 Correct Answer Incorrect Answer
    B 7 Correct Answer Incorrect Answer
    C 6 Correct Answer Incorrect Answer
    D 8 Correct Answer Incorrect Answer
    E 4 Correct Answer Incorrect Answer

    Solution

    Ratio of profit shares of Arjun Singh and Bhagat Singh = (12000 x 12) :{(12 - M) x 20000} = 36:(60 - 5M) Profit share of Arjun Singh = 6100 - 2500 = Rs. 3,600 ATQ; {36/(60 - 5M) } = (3600/2500) Or, 60 - 5M = 36 x (25/36) Or, 5M = 35 Or, M = 7

    Practice Next

    Relevant for Exams: