New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    Aman and Bittu launched a

    business by investing Rs. 'x' and Rs. 1,500, respectively. Four months later, Chirag joined with an investment of Rs. 1,800. Given that after one year, the total profit was Rs. 5,850 and Chirag’s share of the profit was Rs. 1,800, determine the value of 'x'.
    A 1200 Correct Answer Incorrect Answer
    B 1800 Correct Answer Incorrect Answer
    C 1500 Correct Answer Incorrect Answer
    D 1650 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Respective ratio of the investments of Aman, Bittu and Chirag

    = 12 × x: 12 × 1500: 8 × 1800

    = x: 1500: 1200 According to question: 1200/(x + 2700) = 1800/5850 3x + 8100 = 11700 3x = 3600 x = 1200 So the value of x = 1200

    Practice Next

    Relevant for Exams: