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

    Question

    ‘U’ invested Rs. 25000 in a business. ‘V’ joined

    after ‘x’ months with an investment of Rs. 5000 less than ‘U’. If the ratio of the profits received by them after 2 years is 5:2, then find the time after which ‘V’ joined.
    A 16 months Correct Answer Incorrect Answer
    B 14 months Correct Answer Incorrect Answer
    C 12 months Correct Answer Incorrect Answer
    D 20 months Correct Answer Incorrect Answer
    E 10 months Correct Answer Incorrect Answer

    Solution

    Respective ratio of the profits received by ‘U’ and ‘V’
    = (25000 × 24) : {20000 × (24 – x)} = 5/2
    Or, 24 – x = 12
    Or, x = 12 months

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