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

    Question

    Ramesh and Suresh invested Rs. 2400 and Rs. 1800 in a

    business. At the end of the year, the profit was Rs. 8400. What is the difference in their share of profit?
    A Rs.1450 Correct Answer Incorrect Answer
    B Rs.1160 Correct Answer Incorrect Answer
    C Rs.1080 Correct Answer Incorrect Answer
    D Rs.1200 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Ratio of profit of Ramesh : Suresh = 2400 : 1800 = 4 : 3

    Required difference = {(4 – 3) / (4 + 3)} × 8400 = Rs. 1200

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