πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      A, B and C started a business with initial investments

      of Rs. 4,000, Rs. 4,500 and Rs. 5,500 respectively. After one year, A, B and C made additional investments of Rs. (x – 500), Rs. (x + 1000) and Rs. (x + 1500) respectively. Find the profit share of B out of the total profit of Rs. 7,560 after two years.
      A Rs. 2520 Correct Answer Incorrect Answer
      B Rs. 1890 Correct Answer Incorrect Answer
      C Rs. 1540 Correct Answer Incorrect Answer
      D Rs. 1260 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Ratio of the investment of A: B: C = (4000 + 4000 + x – 500) : (4500 + 4500 + x + 1000) : (5500 + 5500 + x + 1500)
      = (7500 + x) : (10000 + x) : (12500 + x)
      Profit share of B = {(10000 + x)/(30000 + 3x)) Γ— 7560 = Rs. 2,520

      Practice Next
      ask-question