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

    Question

    ‘R’ invested Rs. 1,800 in a business. After 5 months,

    ‘S’ joined with an amount equal to 75% of R’s investment. If the total profit at year-end is Rs. 9,200, find S’s share in the profit.
    A Rs 1500 Correct Answer Incorrect Answer
    B Rs 1600 Correct Answer Incorrect Answer
    C Rs 1800 Correct Answer Incorrect Answer
    D Rs 1700 Correct Answer Incorrect Answer
    E Rs 1200 Correct Answer Incorrect Answer

    Solution

    Amount invested by ‘S’ = 1800 × 0.75 = Rs. 1350Ratio of profit shares of ‘R’ and ‘S’ = (12 × 1800):(7 × 1350) = 21600:9450 = 24:10.5 = 16:7So, profit share of ‘S’ = 9200 × (7/23) = Rs. 1,600

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