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    Question

    Amit and Rohit started a business by investing in the

    ratio 4 : 3, respectively. After 8 months, Amit withdrew 25% of his investment, whereas Rohit increased his investment by 50%. If at the end of 2 years, the profit earned by Amit was Rs. 20,000 more than that by Rohit, then find the total profit earned by the business.
    A Rs. 2,20,000 Correct Answer Incorrect Answer
    B Rs. 2,00,000 Correct Answer Incorrect Answer
    C Rs. 2,10,000 Correct Answer Incorrect Answer
    D Rs. 2,30,000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the amount invested by Amit and Rohit be Rs. β€˜4x’ and Rs. β€˜3x’, respectively. Ratio of profit shares: = {(4x Γ— 8) + (4x Γ— 3/4 Γ— 16)} : {(3x Γ— 8) + (3x Γ— 3/2 Γ— 16)} = (32x + 48x) : (24x + 72x) = 80x : 96x = 5 : 6 Let total profit = 11y ATQ: 6y - 5y = 20000Β  Or, y = 20000 Total profit = 11 Γ— 20000 = Rs. 2,20,000

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