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

    Question

    "Amit, Bheem, and Chintu began a

    business with initial investments of Rs. 6,000, Rs. 9,000, and Rs. 15,000, respectively. After one year, they increased their investments in the ratio of 3:3:4. Calculate Bheem’s share of the total profit of Rs. 7,560 after two years."
    A Rs.2,200 Correct Answer Incorrect Answer
    B Rs.2,268 Correct Answer Incorrect Answer
    C Rs.1,160 Correct Answer Incorrect Answer
    D Rs.3,500 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let, the increased investments of Amit, Bheem and Chintu are Rs. 3a, Rs. 3a and Rs. 4a, respectively. Ratio of their profits = 6000 + 6000 + 3a : 9000 + 9000 + 3a : 15000 + 15000 + 4a = 12000 + 3a : 18000 + 3a : 30000 + 4a Profit share of Bheem = (18000 + 3a)/ (60000 + 10a) × 7560 = {3(6000 + a)/10(6000 + a)} × 7560 = 3/10 × 7560 = Rs.2,268

    Practice Next