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

    Question

    Person 'A' invests Rs. 'y' in a business, while person 'B'

    contributes Rs. (y + 400). After a duration of 2 years, A's profit is 1/6 less than B's profit. Determine the value of 'y'.
    A 4288 Correct Answer Incorrect Answer
    B 2000 Correct Answer Incorrect Answer
    C 1844 Correct Answer Incorrect Answer
    D 2700 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ;
    If both invest for the same period, profit ∝ investment
    A's profit is 1/6 less than B's
    A : B = (5/6) : 1 = 5 : 6
    Hence, y : (y + 400) = 5 : 6
    6y = 5(y + 400)
    6y = 5y + 2000
    y = 2000

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