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

    Question

    Ravi invested Rs. 18,000 in a business. After 8 months,

    Suresh joined with an investment of Rs. 22,000. If the total profit at the end of 2 years is Rs. 40,600, what is Suresh’s share of the profit?
    A Rs.12000 Correct Answer Incorrect Answer
    B Rs.18200 Correct Answer Incorrect Answer
    C Rs.12500 Correct Answer Incorrect Answer
    D Rs.17120 Correct Answer Incorrect Answer

    Solution

    ATQ;
    Ratio of profit share of ‘Ravi’ and ‘Suresh’ = [18000 × 24]:[22000 × 16] = 54:44
    Profit share of ‘Suresh’ = (44/98) × 40600 = Rs. 18,200

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