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

    Question

    Ravi and Raj entered into a business where Ravi invested

    Rs. 9,000. Raj withdrew his capital after 6 months. If their profit ratio at the end of the year was 3:2, what was Raj’s investment?
    A Rs.12,000 Correct Answer Incorrect Answer
    B Rs.18,000 Correct Answer Incorrect Answer
    C Rs.15,000 Correct Answer Incorrect Answer
    D Rs.24,000 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let Raj's investment = Rs. y

    (9000 × 12) : (y × 6) = 3 : 2

    → 108000 / (6y) = 3 / 2

    → 18000 / y = 3 / 2

    → y = 18000 × (2 / 3)

    → y = Rs.12,000

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