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

    Question

    'A', 'B', and 'C' invested amounts of Rs. 10,000, Rs.

    12,000, and Rs. 16,000, respectively, in a business for 10 months, 8 months, and 12 months, respectively. If 'A' received a profit of Rs. 5,000, find the difference between the profits received by 'B' and 'C'.
    A Rs. 2000 Correct Answer Incorrect Answer
    B Rs. 2400 Correct Answer Incorrect Answer
    C Rs. 3600 Correct Answer Incorrect Answer
    D Rs. 4800 Correct Answer Incorrect Answer
    E Rs. 6000 Correct Answer Incorrect Answer

    Solution

    Respective ratio of the profits received by ‘A’, ‘B’ and ‘C’ =(10000 × 10):(12000 × 8):(16000 × 12) = 25:24:48Therefore, required difference = 5000 × (48 – 24)/25 = Rs. 4800

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