Question

    Meena and Rina started a business with Rs. 3500 and Rs.

    2500 respectively. After 2 months, Tina joined with an investment of Rs. ‘x’. If Meena got Rs. 560 out of a total Rs. 1400 profit after one year, determine the value of ‘x’.
    A 33000 Correct Answer Incorrect Answer
    B 19500 Correct Answer Incorrect Answer
    C 22000 Correct Answer Incorrect Answer
    D 26500 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Investment ratio = 3500 : 2500 : x

    Profit ratio = (3500 × 12) : (2500 × 12) : (x × 10)= 42000 : 30000 : 10x= 7 : 5 : x/6000

    Now,

    [7 / (7 + 5 + x/6000)] = 560 / 1400

    => 12 + x/6000 = 17.5

    => x/6000 = 5.5

    => x = 33000

    So, the value of ‘x’ is Rs. 33000

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