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

    Question

    Arjun and Karan became partners in a startup. Arjun

    invested Rs. 7,200. Karan exited the business after 10 months. Their profit shares were in the ratio of 2:3. Determine Karan’s investment.
    A Rs.12,960 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 Karan’s investment = y

    (7200 × 12) : (y × 10) = 2 : 3

    → 86400 / (10y) = 2 / 3

    → 8640 / y = 2 / 3

    → y = 8640 × (3 / 2)

    → y = Rs. 12,960

    Practice Next