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

    Question

    ‘A’ started a business by investing Rs. 1,200. Eight

    months later, ‘B’ joined him by making an investment which is equal to 60% of the investment made by ‘A’. If at the end of the year, total profit received by them is Rs. 4,200, then find the profit share of ‘B’.
    A Rs 840 Correct Answer Incorrect Answer
    B Rs 720 Correct Answer Incorrect Answer
    C Rs 600 Correct Answer Incorrect Answer
    D Rs 650 Correct Answer Incorrect Answer
    E Rs 700 Correct Answer Incorrect Answer

    Solution

    Amount invested by ‘B’ = 1200 × 0.6 = Rs. 720
    Ratio of profit shares of ‘A’ and ‘B’ = (12 × 1200):(4 × 720) = 5:1
    So, profit share of ‘B’ = 4200 × (1/6) = Rs. 700

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