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

    Question

    A, B, and C invest Rs 18,000, Rs 24,000, and Rs 30,000

    respectively in a venture. The annual profit of Rs 36,000 is distributed such that C takes Rs 6,000 for additional administrative responsibilities, and the remaining is divided based on the capital ratio. How much does A receive?
    A 6,600 Correct Answer Incorrect Answer
    B 7,500 Correct Answer Incorrect Answer
    C 8,000 Correct Answer Incorrect Answer
    D 9,000 Correct Answer Incorrect Answer
    E None Correct Answer Incorrect Answer

    Solution

    Total profit = Rs 36,000 Amount C takes for administrative responsibilities = Rs 6,000 Remaining profit = 36,000 - 6,000 = Rs 30,000 Capital ratio of A:B:C = 18,000:24,000:30,000 = 3:4:5 A’s share of the remaining profit = (3/12) × 30,000 = 7,500 Answer: b. 7,500

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