Question
‘Ravi’ and ‘Sameer’ invested Rs. ‘y’ and Rs.
‘1.5y’ in a business respectively. After four months, both of them increased their investments to twice the original amount. If at the end of the year, the profit is divided in the ratio 7:9 respectively, find the value of initial investment made by ‘Sameer’.Solution
ATQ,
Ratio of profit shares of ‘Ravi’ and ‘Sameer’ =
{(y × 4) + (2y × 8) : (1.5y × 4) + (3y × 8)} = 4y + 16y : 6y + 24y = 20y : 30y
ATQ;
(20y / 30y) = (7 / 9)
‘y’ cancels out, hence we cannot determine the actual value of ‘y’.
So, initial investment of Sameer = 1.5y, but value of y is not determinable.
Araku Valley is located in which of the following state?
Which of the following term/trophies is related with the game of cricket?
Which film won the Best Popular Film Providing Wholesome Entertainment at the 70th National Film Awards?
In case of interstate transactions, the centre would levy & collect the integrated goods and services tax (IGST) under article 269A (I) of the constitu...
Which of the following bodies will manage the ₹750 crore AgriSURE Fund for start-ups and rural enterprises?
Which of the following statements is/are incorrect about PMKVY?
The Agrarian festival 'Nuakhai' is celebrated in which of the following states?
Indigo airlines has appointed ____ as its Managing Director?
The well known ASER report or Annual Survey of Education Report is published by:
What conditions lead to the formation of Pyrocumulonimbus clouds?