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      Question

      Neha and Priya launched a venture by putting in Rs. 9000

      and Rs. 7000, respectively. After 10 months, Neha reduced her investment by 20%, and Priya raised hers by 50%. After 2 years, the profit share difference between them is Rs. 480. What is the combined profit?
      A Rs. 7920 Correct Answer Incorrect Answer
      B Rs. 4920 Correct Answer Incorrect Answer
      C Rs. 7420 Correct Answer Incorrect Answer
      D Rs. 8920 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Profit share ratio = Investment Γ— Time Neha = 9000 Γ— 10 + (0.8 Γ— 9000) Γ— 14 = 90000 + 100800 = 190800 Priya = 7000 Γ— 10 + (1.5 Γ— 7000) Γ— 14 = 70000 + 147000 = 217000 Ratio = 190800 : 217000 Let’s simplify: divide by 100 β†’ 1908 : 2170 β‰ˆ 954 : 1085 Let’s simplify further: divide both by 31 β†’ 954/31 = 30.77, 1085/31 = 35 So take ratio as 31:35 Now use the difference and ratio: Total profit = 480 Γ— (31 + 35)/(35 – 31) = 480 Γ— 66/4 = Rs. 7920

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