Question
Anil and Sunil invested in a startup in the ratio 3:4,
respectively. After 6 months, Anil increased his investment by 25%, while Sunil reduced his investment by 50%. If after 18 months, the difference between their shares of profit was Rs. 660, what was the total profit earned?Solution
ATQ,
Let the investments made by Anil and Sunil be Rs. '3x' and Rs. '4x', respectively. Ratio of profit share of Anil and Sunil = (3x × 6 + 3x × 1.25 × 12) : (4x × 6 + 4x × 0.5 × 12) = (18x + 45x) : (24x + 24x) = 63x : 48x = 21 : 16 Difference between their profits = Rs. 660 (given) Total profit earned = {(21 + 16)/(21 - 16)} × 660 = (37 / 5) × 660 = Rs. 4,884
Which of the following state government has reduced the acreage of summer paddy to zero for the coming rabi season 2022-23?
How many pilgrims have visited the Gangasagar Mela as reported recently (Jan 2025)?
What is the minimum support price (MSP) for soya bean set by the Madhya Pradesh Cabinet in 2024?
What constitutional principle did the Supreme Court of India uphold in its ruling that limits the state's power to acquire private property?
As of December 29, 2023, what percentage of ₹2,000 banknotes in circulation has been returned to the Reserve Bank of India (RBI)?
In what year did Odisha previously attempt a tiger translocation to Satkosia Tiger Reserve, which was later deemed unsuccessful?
Which organization in India signed an MoU with Bharat Electronics Limited for collaboration on Space Situational Awareness (SSA)?
What is the currency of Bhutan besides the Bhutanese Ngultrum?
Which of the following is/are not true with respect to India's trade deficit,imports & exports ?
I.According to the data provided by the governme...
Which portal was launched by the Department of Space for rural land records?